Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies in relation to a Part 6A product for which the requirement in subsection 60D(1) of the Act is met in relation to a financial year.
(2) For the purposes of paragraph 60J(3)(a) of the Act:
(a) this paragraph specifies the formula set out in regulation 9AB.23 (net return ranking formula) as a basis for ranking Part 6A products in relation to the financial year; and
(b) this paragraph specifies the formula set out in regulation 9AB.24 (fee ranking formula) as a basis for ranking that Part 6A products in relation to:
(i) a beneficiary who holds the Part 6A product; and
(ii) a year (the relevant year ) that is the financial year, or the year that is the period of 12 months ending on 30 September, 31 December or 31 March in the next financial year.