Superannuation Industry (Supervision) Amendment Regulation 2012 (No. 4) (Cth)

Superannuation Industry (Supervision) Amendment Regulation 2012 (No. 4)¹

Select Legislative Instrument 2012 No. 316

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Superannuation Industry (Supervision) Act 1993.

Dated 6 December 2012

QUENTIN BRYCE

Governor-General

By Her Excellency’s Command

WAYNE SWAN

Treasurer

1. Name of regulation

This regulation is the Superannuation Industry (Supervision) Amendment Regulation 2012 (No. 4).

1. Commencement

This regulation commences on the day after it is registered.

1. Amendment of Superannuation Industry (Supervision) Regulations 1994

Schedule 1 amends the Superannuation Industry (Supervision) Regulations 1994.

Schedule 1          Amendment

(section 3)

[1]          Paragraph 1.03A (1) (a)

substitute

(a)the member is uncontactable, that is, if and only if:

(i)either:

(A)the fund has never had an address for the member; or

(B)2 written communications have been sent, or, if the trustee so chooses, one written communication has been sent, by the fund to the member’s last known address and returned unclaimed; and

(ii)the fund has not received a contribution or rollover in respect of the member within the last 12 months of the member’s membership of the fund; or

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See