Document ID: chunk:federal_register_of_legislation:C2024C00252:section:16
Version: federal_register_of_legislation:C2024C00252
Segment Type: section
Provision Reference: s 16
Character Range: 18762–20432

16  Obligation to notify person of right to choose a fund
 (1) Within 28 days after a person (the member) becomes a person who, under section 10, can choose a fund as described in section 11, the administering authority must cause the member to be given written notice containing the following information:
 (a) a statement that the member may choose a complying superannuation fund or an RSA as the fund to which contributions in respect of the member will be paid under this Act;
 (b) a statement to the effect that if the member does not choose a fund, the contributions will be paid to the fund that is, from time to time, the default fund;
 (c) such other information (if any) as is required by the regulations.
 (2) For the purposes of subsection (1), a person becomes a person who, under section 10, can choose a fund as described in section 11, on whichever of the following days applies:
 (a) in the case of a person to whom paragraph 10(a) applies:
 (i) unless subparagraph (ii) applies—the first day of the relevant new scheme contribution period of the person; or
 (ii) if the day on which the person is declared, under section 283 or 284 of the Commonwealth Electoral Act 1918, to have been elected is later than the day applicable under subparagraph (i)—that later day;
 (b) in the case of a person to whom subparagraph 10(b)(i) applies—the day on which the person is declared, under section 283 of the Commonwealth Electoral Act 1918, to have been elected to the Senate;
 (c) in the case of a person to whom subparagraph 10(b)(ii) applies—the day on which the person is chosen or appointed as mentioned in that subparagraph.

Division 3—The default fund