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Treasury received two submissions in response to the consultation on an exposure draft of amendment regulations released on 24 May 2011 to:

  • allow the proceeds of crime to be confiscated from superannuation;
  • update the list of exempt public sector superannuation schemes (EPSSS); and
  • insert a note to explain that information regarding investment strategies is usually provided to members in a Product Disclosure Statement (PDS) but that following the introduction of the short PDS requirements into the Corporations Regulations 2001 this information may be incorporated in a PDS by reference.

The submissions are accessible here


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