Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsFor the purposes of subsection 7 (1) of the Act, the following standard is prescribed in relation to the vesting in members of benefits arising directly or indirectly from amounts contributed to a private sector fund established on or after 1 July 1986 or a public sector fund established on or after 1 July 1990, namely, in respect of the total amount of member-financed benefits accruing to a member from the day on which a superannuation fund is established, the benefits shall vest in that member on the day on which the benefits accrue.