SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.06 Removal of member representatives--prescribed circumstances
SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.06
Removal of member representatives--prescribed circumstances(1) For the purposes of sub - subparagraph 107(2)(a)(ii)(G) of the Act, the circumstances stated in subregulation (2) are prescribed as circumstances in which member representatives referred to in subparagraph 107(2)(a)(ii) of the Act can be removed other than by the same procedure by which they were appointed.
(2) The circumstances referred to in subregulation (1) are:
(a) if the member representative resigns from the position of trustee, director of the trustee or representative on a policy committee; or
(b) if the member representative's tenure of that position expires; or
(c) if the member representative ceases to be a member of the fund; or
(d) if the member representative ceases to satisfy a condition
that the member representative was required to satisfy to be eligible for
appointment.