Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.9.31A

Trustee of superannuation entity must provide fund information to holders of interests in the entity

    For the purposes of paragraph   1017DA(1)(a) of the Act, the trustee of a superannuation entity must provide the holder of a superannuation product (being an interest in that entity) with the following fund information relating to the entity and any relevant sub - plan (within the meaning of section   1017C of the Act):

  (a)   if the entity is not a self managed superannuation fund--the name and ABN of each outsourced service provider that has provided, at any time in the previous 12 months, a service which may affect a material business activity of the entity;

  (b)   if the entity is not a self managed superannuation fund--the following information about each member of the key management personnel of the entity:

  (i)   the member's name;

  (ii)   the member's qualifications;

  (iii)   a summary of the member's experience as a trustee or board member, including the periods during which the member served as a trustee or board member;

  (c)   if the entity is not a self managed superannuation fund--the record of attendance at board meetings for each director of the entity for:

  (i)   the last 7 financial years; or

  (ii)   if a director has served for a period of less than 7 years--that period;

  (d)   the fund information specified in Subdivisions   5.6 and 5.7 of this Division that is applicable to the entity.



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