OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) 1992 NO. 387 

OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) 1992 NO. 387 
- TABLE OF PROVISIONS

1.  Commencement  
2.  Amendment  
3.  New regulation 18DA  
4.  Regulation 18E (Trustees of certain funds to disclose information in certain circumstances)  


1992 No. 387 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 1
1. Commencement


  1.1 These Regulations are taken to have commenced on 1 July 1992.


1992 No. 387 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 2
2. Amendment


  2.1 The Occupational Superannuation Standards Regulations are amended as set
out in these Regulations.


1992 No. 387 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 3
3. New regulation 18DA


  3.1 After regulation 18D, insert in Subdivision A:
Transitional-certain provisions in regulations 18E and 18F
  "18DA. (1) Subject to subregulation (4), the provisions of this regulation
apply only during the period that commences on 1 July 1992 and ends at the end
of 31 December 1992.
  "(2) If a fund does not satisfy a standard prescribed by paragraph 18E (2)
        (b), 18E (3) (d) or 18E (3) (f) in relation to a prospective member before the
date on which he or she becomes a member, the fund is taken to have satisfied
the standard if the fund performs the action specified in the standard at the
earliest practicable time after that date.
  "(3) In the application of subregulation (2) to those standards, the
following modifications apply:
  (a) paragraphs 18E (2) (b), 18E (3) (d) and 18E (3) (f) have effect with the
omission of 'a prospective member' and the substitution of 'a member'; and
  (b) subparagraph 18E (2) (b) (i) has effect with the omission of 'the
prospective member would be entitled on joining' and the substitution of 'the
member is entitled from'; and
  (c) subparagraph 18E (3) (d) (iii) has effect with the omission of 'the
prospective member would belong on joining the fund' and the substitution of
'the member belongs'.
  "(4) Subregulation (2) extends to action performed by the fund after 31
December 1992 in relation to a prospective member who becomes a member on a
date ('the joining date') that occurs on or before 31 December 1992, if the
fund performs the action at the earliest practicable time after the joining
date.
  "(5) An advice given under regulation 18F does not have to comply with
paragraph 18F (c).
  "(6) Paragraph 18F (d) has effect with the omission of '(c), (d) and (e),'
and the substitution of '(c) and (d),'.".


1992 No. 387 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) -
REG 4
4. Regulation 18E (Trustees of certain funds to disclose
information in certain circumstances)


  4.1 Paragraph 18E (3) (b):
Omit "whom", substitute "whom, on or after 1 January 1993,".


- NOTES


1992 No. 387*1* OCCUPATIONAL SUPERANNUATION STANDARDS
REGULATIONS*2* (AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 30 November 1992.
*2* Statutory Rules 1987 No. 322 as amended by 1988 No. 255 (as amended by
1989 No. 281); 1989 Nos. 24, 281 and 356; 1990 Nos. 149, 150, 185, 202 and
275; 1991 Nos. 16, 58, 148, 150, 155 and 458; 1992 Nos. 192, 218, 223 and 224.