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FAIR WORK ACT 2009 - SECT 156S

The second stage test

    An employer MySuper product satisfies the second stage test if the FWC is satisfied that including the product on the Schedule of Approved Employer MySuper Products would be in the best interests of default fund employees of an employer to which the product relates, or a particular class of those employees, taking into account:

  (a)   any submissions that were made in relation to whether the product satisfies the second stage test; and

  (b)   any other matter the FWC considers relevant.


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