Commonwealth Numbered Regulations
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1994 No. 57 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS - REG 2.03
Duties and requirements arising under this Part
2.03. (1) A requirement to give information under a Division of this Part must
be met within the time specified in the Division as the time for compliance.
Requirements concerning information
(2) Information given in accordance with this Part must:
(a) be in writing; and
(b) be worded and presented in a clear and effective manner.
(3) Information given in accordance with this Part may be given, where
appropriate, in diagrammatical form.
Where information may mislead (if incomplete, outdated, etc)
(4) If the trustee of a superannuation entity has reason to think that
information that the trustee is required to give, other than under Division
2.6, will materially mislead members, or may do so, the trustee must give with
the information a statement containing further information to rectify any
misleading or potentially misleading, effect. (Example: If a change in a
fund's investment policy means that information about past earnings rates is
not a reliable guide to future earnings, an appropriate explanation (including
the change of policy and its likely effect on future earnings rates) must be
given.)
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