Document ID: chunk:federal_register_of_legislation:C2018A00061:clause:2_314a:p2
Version: federal_register_of_legislation:C2018A00061
Segment Type: clause
Provision Reference: sch 2 cl 314A (pt 2/2)
Character Range: 94545–95800

the fund.
 (4) An election made under subsection (3) is a standing election for each later financial year for the fund until the member changes his, her or its election.
 (5) An Australian member of the fund may, for the purposes of paragraph (2)(c) or subsection (3), be notified by electronic means only if the member has previously nominated that means as one by which the member may be notified.
 (6) A notified foreign passport fund may provide the reports by sending each Australian member of the fund:
 (a) a hard copy of the reports; or
 (b) an electronic copy of the reports if the member has nominated that means as one by which the member may be sent the reports.
 (7) A notified foreign passport fund must provide the reports in the following language:
 (a) if the member elects under paragraph 314A(3)(d) to receive reports in English or in an official language of the home economy of the fund—in the language elected by the member;
 (b) otherwise—in English.
 (8) Subsection (1) does not apply in relation to an Australian member of the fund for a financial year if the member has elected under subsection 316AA(1) not to receive the report for the year.
 (9) An offence based on subsection (1), (3) or (7) is an offence of strict liability.