Document ID: chunk:federal_register_of_legislation:C2025C00014:section:121ae:p3
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 121AE (pt 3/3)
Character Range: 1026052–1026658

in any case—each person who satisfies the following requirements:
 (i) the person is the member of a single‑member superannuation fund;
 (ii) the trustee of the fund holds a policy or policies in the mutual insurance company;
 (iii) in connection with the demutualisation, the person, rather than the trustee, has the right to shares or the proceeds of the sale of shares in respect of the policy or policies held by the trustee.
 (6) The listing period is the period ending 2 years after the demutualisation resolution day, or at such later time as the Commissioner, before the end of the 2 years, allows.