Australian Securities and Investments Commission Superannuation (Amendment) Instrument 2018/474 (Cth)

ASIC Superannuation (Amendment) Instrument 2018/474

I, Stephen Yen PSM, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date:   1 June 2018

Stephen Yen

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Schedules

Schedule 1—Amendments

ASIC Superannuation (RSE Websites) Instrument 2017/570

Part 1—Preliminary

1        Name of legislative instrument

This instrument is ASIC Superannuation (Amendment) Instrument 2018/474.

2        Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

Note:    The register may be accessed at Authority

This instrument is made under subsection 328(1) of the Superannuation Industry (Supervision) Act 1993.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended as set out in the applicable items in that Schedule.

Schedule 1—Amendments

ASIC Superannuation (RSE Websites) Instrument 2017/570

1        Subsection 7(1)

Omit “30 June 2018”, substitute “30 June 2024”.

2        Subsection 7(2)

Omit subsection 7(2), substitute:

“(2) Until 30 June 2024, an RSE licensee of a registrable superannuation entity does not have to comply with paragraph 29QB(1)(b) of the Act to the extent that it requires the RSE licensee to make available or update a document referred to in any of paragraphs 2.38(2)(a), (b), (d), (e), (f) and (h) of the Regulations if the document contains information that only relates to the registrable superannuation entity because it relates to a standard employer-sponsored sub-plan.”.

3        Paragraph 7(3)

Omit “From 1 July 2018, an”, substitute “An”.

4        Paragraph 8(3)(b)

Omit “30 June 2018”, substitute “30 June 2024”.