Commonwealth Consolidated Acts

SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992 - SECT 32H

             (1)  A fund (the old fund ) ceases to be a chosen fund for an employee if:

                     (a)  there is another fund that is a chosen fund for the employee; and

                     (b)  the employee has not given the employer a written notice stating that the old fund continues to be a chosen fund for the employee.

             (2)  A fund also ceases to be a chosen fund if the employee requests the employer, under subsection 32N(3), to give him or her a standard choice form and the employer does not do this by the time specified in that subsection.

             (3)  A fund also ceases to be a chosen fund if it is impossible for the employer to contribute on behalf of the employee to the chosen fund. This may occur immediately after the fund becomes a chosen fund for the employee.

Example:    The chosen fund is closed to new members or ceases to accept further contributions.

             (4)  A fund also ceases to be a chosen fund if the fund ceases to be an eligible choice fund for the employer. This may occur immediately after the fund becomes a chosen fund for the employee.