Commonwealth Numbered Regulations

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1994 No. 57 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS - REG 11.07

Operating standard-disclosure of information to the Commissioner
11.07. (1) For the purposes of subsections 31 (1), 32 (1) and 33 (1) of the
Act, it is a standard applicable to the operation of a superannuation entity
that the trustee must give notice in writing to the Commissioner, in
accordance with subregulation (2), of any change in:

   (a)  the name of the entity; or

   (b)  the postal address, registered address or address for service of
        notices, of the entity; or

   (c)  details of the contact person, and contact telephone and facsimile
        numbers.

(2) A notice mentioned in subregulation (1) must be given:

   (a)  in the case of a superannuation entity that is an eligible rollover
        fund-immediately after the occurrence of the change; or

   (b)  in any other case-within 1 month of the occurrence of the change.

(3) For the purposes of subsections 31 (1), 32 (1) and 33 (1) of the Act, it
is a standard applicable to the operation of a superannuation entity that the
trustee must give notice in writing to the Commissioner, in accordance with
subregulation (4), of a decision or resolution to wind up the entity.

(4) Notice under subregulation (3) must be given:

   (a)  in the case of a regulated superannuation fund that is an excluded
        fund-before, or as soon practicable after, the winding up is
        commenced; or

   (b)  in any other case-as soon as practicable after the making of the
        decision or resolution to wind up the entity and, in any event, before
        the winding up is commenced. 


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