Commonwealth Numbered Regulations

1994 No. 57 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS - REG 2.48

2.48. (1) Subject to subregulation (2), if a person ceases to be a member of a
fund:
(a) after the end of a completed member reporting period (the "completed
period"); and

   (b)  before member information is issued for that period; the information
        required by this Division to be given to or in relation to the person
        may be given in respect of the period consisting of:

   (c)  the completed period; and

   (d)  the period from the end of that period to the end of the day on which
        the person ceased to be a member of the fund; instead of in respect of
        the person's exit reporting period.

(2) If the period mentioned in paragraph (1) (d) exceeds 6 months in a
particular case, subregulation (1) does not apply in respect of that case.

(3) The trustee of a fund need not give information under this Division to a
member who is transferring to another fund if:

   (a)  the member has received sufficient information under subregulation
        2.36 (3) to enable the member to understand the effect of the
        transfer; and

   (b)  the trustee reasonably believes that the member does not need the
        information because the member has received or will receive, from the
        trustee of the fund to which the member is being transferred,
        information under Subdivision 2.4.2 in respect of the member's
        exit reporting period.