Commonwealth Numbered Regulations

1994 No. 57 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS - REG 2.19

2.19. (1) Member information must be given in respect of consecutive member
reporting periods.

(2) Fund information must be given in respect of consecutive fund reporting
periods.

(3) A reporting period that is a member reporting period or a fund reporting
period must not exceed 12 months or, if the Commissioner on the application of
an entity fixes a longer period for the fund in a particular case, that longer
period.

(4) In relation to a particular member, all member information must be given
in respect of the same member reporting period. (Example: A fund cannot
report, to the same member, the information in paragraph 2.24 (1) (a) in
respect of the period from 1 January to 30 June and report all other
member information in respect of the period from 1 March to 30 September.)

(5) In relation to a particular member, all fund information need not be given
in respect of the same fund reporting period. (Example: A fund may choose to
report:

   (a)  some 'fund information' in respect of a 6-month period; and

   (b)  further 'fund information', and all 'member information', in respect
        of a 9-month period; and

   (c)  the remaining 'fund information' in respect of a 12-month period.

(6) In relation to a particular member, the first member reporting period must
begin:

   (a)  if the member was a member at the start of the fund's 1994-1995 year
        of income-either:

        (i)    on a date not later than the date of commencement of that year
               of income; or

        (ii)   if the member has been given, in accordance with regulation
               13.03, information of the kind referred to in regulation 18G of
               the Occupational Superannuation Standards Regulations in
               relation to a period that includes that date of commencement,
               on the date immediately following the last day of that period;
               or

   (b)  in any other case-on a date not later than the date on which the
        member became a member.

(7) In relation to a particular member, the first fund reporting period must
begin:

   (a)  if the member was a member at the start of the fund's 1994-1995 year
        of income-on the date of commencement of that year of income; or

   (b)  in any other case-on a date not later than the date on which the
        member became a member.

(8) A subsequent reporting period must commence immediately after the end of
the preceding reporting period.