Commonwealth Numbered Regulations

SUPERANNUATION INDUSTRY (SUPERVISION) AMENDMENT REGULATION 2013 (NO. 2) (SLI NO 86 OF 2013) - SCHEDULE 1

Superannuation Industry (Supervision) Regulations 1994

1  Subregulation 1.03 (1), definition of excluded member

Repeal the definition.

2  Subregulation 1.03 (1), definition of member-protection standards

Repeal the definition.

3  Regulation 1.03B

Repeal the regulation.

4  Regulation 5.01B (note)

Repeal the note, substitute:

Note:          This regulation was amended with effect from 1 July 2013 as part of changes to the former member protection standards. A trustee might choose to continue to protect the benefits of all members from 1 July 2013 until when the trustee starts to enrol members in the MySuper product.

5  Subregulation 5.02 (3)

Omit "the member-protection standards and".

6  Regulation 5.02A

Repeal the regulation.

7  Subregulation 5.03 (2)

Omit "the member-protection standards,".

8  Division 5.5

Repeal the Division.

9  Division 5.6

Repeal the Division.

10  Subregulation 10.06 (3)

Repeal the subregulation, substitute:

             (3)  The trustee of an eligible rollover fund must at all times treat the whole of the benefits of every member as minimum benefits (within the meaning of Part 5).