Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019 (Cth)

Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019

No. 40, 2019

An Act to amend the law relating to superannuation, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Annual outcomes assessment Superannuation Industry (Supervision) Act 1993 Schedule 2—Authority to offer a MySuper product Superannuation Industry (Supervision) Act 1993 Schedule 3—Penalties for contravening covenants Superannuation Industry (Supervision) Act 1993 Schedule 4—Approval to own or control an RSE licensee Part 1—Amendments Superannuation Industry (Supervision) Act 1993 Part 2—Application and transitional provisions Schedule 5—APRA directions power Superannuation Industry (Supervision) Act 1993 Schedule 6—Portfolio holdings disclosure Corporations Act 2001 Superannuation Industry (Supervision) Act 1993 Schedule 7—Annual members' meetings Superannuation Industry (Supervision) Act 1993 Schedule 8—Reporting standards Australian Prudential Regulation Authority Act 1998 Financial Sector (Collection of Data) Act 2001 Schedule 9—Superannuation trustees not to incentivise employers Superannuation Industry (Supervision) Act 1993

Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019 No. 40, 2019

An Act to amend the law relating to superannuation, and for related purposes

[Assented to 5 April 2019]

The Parliament of Australia enacts:

1 Short title This Act is the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.