Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies to the trustee of a regulated superannuation fund if:
(a) the trustee receives a contribution in a month; and
(b) regulation 7.07H and subregulation 7.07G(4) do not apply to the trustee in relation to the contribution; and
(c) the trustee is not required to allocate the contribution in accordance with regulation 7.11.
(2) For subsection 31(1) of the Act, the trustee must allocate the contribution to a member of the fund:
(a) not later than 28 days after the end of the month; or
(b) if it is not reasonably practicable to allocate the contribution to the member of the fund not later than 28 days after the end of the month--within such longer period as is reasonable in the circumstances.