{"id":"nsw:sl-2016-0515","name":"Funeral Funds Regulation 2016","slug":"funeral-funds-regulation-2016","collection":"regulation","jurisdiction":"nsw","status":"in_force","isInForce":true,"actNumber":"515 of 2016","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":177455,"registerId":"nsw-nsw:sl-2016-0515-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Part 1","sectionType":"part","heading":"Preliminary","content":"# Part 1 Preliminary\n\nPart 1 Preliminary","sortOrder":0},{"sectionNumber":"1","sectionType":"section","heading":"Name of Regulation","content":"#### 1 Name of Regulation\n\n1 Name of Regulation\n\n> This Regulation is the [Funeral Funds Regulation 2016](/view/html/inforce/current/sl-2016-0515).","sortOrder":1},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"#### 2 Commencement\n\n2 Commencement\n\n> This Regulation commences on 1 September 2016 and is required to be published on the NSW legislation website.\n> \n> Note.\n> \n> This Regulation replaces the [Funeral Funds Regulation 2011](/view/html/repealed/current/sl-2011-0453), which is repealed on 1 September 2016 by section 10 (2) of the [Subordinate Legislation Act 1989](/view/html/inforce/current/act-1989-146).","sortOrder":2},{"sectionNumber":"3","sectionType":"section","heading":"Definitions","content":"#### 3 Definitions\n\n3 Definitions\n\n> > (1) In this Regulation—\n> > \n> > fee unit—see Part 2 of Schedule 4.\n> > \n> > the Act means the [Funeral Funds Act 1979](/view/html/inforce/current/act-1979-106).\n> > \n> > Note.\n> > \n> > The Act and the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) contain definitions and other provisions that affect the interpretation and application of this Regulation.\n> \n> > (2) Notes included in this Regulation do not form part of this Regulation.\n> \n> **cl 3:** Am 2017 (208), Sch 1 \\[1\\].","sortOrder":3},{"sectionNumber":"Part 2","sectionType":"part","heading":"Funeral contribution funds","content":"# Part 2 Funeral contribution funds\n\nPart 2 Funeral contribution funds","sortOrder":4},{"sectionNumber":"4","sectionType":"section","heading":"Additional documents to accompany applications for registration","content":"#### 4 Additional documents to accompany applications for registration\n\n4 Additional documents to accompany applications for registration\n\n> > (1) For the purposes of section 12 (2) (b) (iii) of the Act, documents containing the following are prescribed as the additional documents that must accompany an application for registration to carry on contributory funeral benefit business—\n> > \n> > > (a) a statement of the capital structure of the company (including the capital paid-up and the nature and value of the shares),\n> > \n> > > (b) a copy of each agreement made with a person for the carrying out of funeral services for the company,\n> > \n> > > (c) a copy of each agreement made with a person for the collection of contributions on behalf of the company,\n> > \n> > > (d) a description of the types of funeral services proposed to be supplied by the company,\n> > \n> > > (e) a statement of the company’s proposed records with respect to membership, accounts and statistics,\n> > \n> > > (f) an actuarial assessment of the adequacy of the records referred to in paragraph (e) for the proper conduct of the contributory funeral benefit business of the company,\n> > \n> > > (g) a copy of the tables of contribution rates proposed to be used by the company, together with a statement of the bases and formulas from which those rates have been calculated,\n> > \n> > > (h) actuarial projections of the expected income and expenditure of the company over the next 10 years, prepared in accordance with Schedule 1,\n> > \n> > > (i) a statement of the proposed manner of providing for any financial deficiencies, including financial deficiencies appearing from the projections referred to in paragraph (h),\n> > \n> > > (j) a statement of the proposed method of offsetting any overdue contributions against the amount to be paid out on a contributorship if the contributor ceases contributing to the fund before any contingency occurs on which a benefit is required to be provided.\n> \n> > (2) An actuarial assessment or projection referred to in subclause (1) must contain a statement to the effect that the assessment or projection has been prepared by an actuary in the knowledge of the aims of the company and of the types of contributions agreements proposed to be transacted by the company.","sortOrder":5},{"sectionNumber":"5","sectionType":"section","heading":"Requirements for registration","content":"#### 5 Requirements for registration\n\n5 Requirements for registration\n\n> > (1) For the purposes of section 13 (1) (i) of the Act, the rules of a company proposing to carry on contributory funeral benefit business must provide that, on the death of any person—\n> > \n> > > (a) who has contributed for at least 10 years to the funeral contribution fund proposed to be constituted by the company, and\n> > \n> > > (b) who has ceased before his or her death so to contribute,\n> > \n> > the company will pay an amount, equal to the paid-up value of the person’s contributions, towards the cost of a funeral service for the person to be provided under an agreement between the company and a funeral director.\n> \n> > (2) For the purposes of this clause, the paid-up value of contributions paid by a person is taken to be—\n> > \n> > > (a) the amount certified by an actuary to be the equitable share to which the person is entitled in the funeral contribution fund proposed to be constituted by the company, or\n> > \n> > > (b) the amount calculated in accordance with a formula certified by an actuary to be a formula from which that share can be calculated,\n> > \n> > having regard to the contributions paid and benefits received by the person before the person ceased contributing to the fund.","sortOrder":6},{"sectionNumber":"6","sectionType":"section","heading":"Documents to accompany application for approval of alteration of or addition to rules","content":"#### 6 Documents to accompany application for approval of alteration of or addition to rules\n\n6 Documents to accompany application for approval of alteration of or addition to rules\n\n> For the purposes of section 15 (2) of the Act, documents containing the following must accompany an application for approval of an alteration of or addition to the rules of a funeral contribution fund—\n> \n> > (a) a copy of a record of the alteration or addition,\n> \n> > (b) a statement, signed by an actuary, that the alteration or addition will not prejudice the stability of the fund.","sortOrder":7},{"sectionNumber":"7","sectionType":"section","heading":"Additional particulars in returns by funeral contribution funds","content":"#### 7 Additional particulars in returns by funeral contribution funds\n\n7 Additional particulars in returns by funeral contribution funds\n\n> For the purposes of section 24 (2) (e) of the Act, the following additional particulars must be contained in a funeral contribution fund’s annual return—\n> \n> > (a) the number of persons who were contributing to the fund on the first day of the fund’s financial year,\n> \n> > (b) the number of persons who began contributing to the fund during the fund’s financial year,\n> \n> > (c) the numbers of funeral benefits comprising the supply of a funeral service provided during the fund’s financial year—\n> > \n> > > (i) for single cover contributors to the fund, and\n> > \n> > > (ii) for family cover contributors to the fund,\n> \n> > (d) the numbers of funeral benefits comprising the payment of money provided during the fund’s financial year—\n> > \n> > > (i) for single cover contributors to the fund, and\n> > \n> > > (ii) for family cover contributors to the fund,\n> \n> > (e) the number of persons who ceased contributing to the fund during the fund’s financial year otherwise than by reason of the death of the person, or of the person on whose behalf the contribution was being made,\n> \n> > (f) the number of persons who were contributing to the fund on the last day of the fund’s financial year.","sortOrder":8},{"sectionNumber":"8","sectionType":"section","heading":"Particulars to be included in annual reports to contributors to funeral contribution funds","content":"#### 8 Particulars to be included in annual reports to contributors to funeral contribution funds\n\n8 Particulars to be included in annual reports to contributors to funeral contribution funds\n\n> For the purposes of section 25A of the Act, the following particulars must be contained in the report given to a contributor to a funeral contribution fund—\n> \n> > (a) the name of the contributor,\n> \n> > (b) the date of the contributor’s entry to the fund,\n> \n> > (c) the opening balance of the contributor’s account at the beginning of the year to which the report relates,\n> \n> > (d) contributions made by the contributor during the year to which the report relates,\n> \n> > (e) fees and government charges paid from the contributor’s balance during the year to which the report relates,\n> \n> > (f) information on any bonuses paid to the contributor’s balance during the year to which the report relates,\n> \n> > (g) the closing balance of the contributor’s account at the end of the year to which the report relates,\n> \n> > (h) whether the contributor is in arrears or has made advance payments,\n> \n> > (i) the total value of the funeral benefit that would be paid upon the death of the contributor as at the date of the report,\n> \n> > (j) contact details of the funeral contribution fund.","sortOrder":9},{"sectionNumber":"9","sectionType":"section","heading":"Additional particulars to appear in register of contributors to funeral contribution fund","content":"#### 9 Additional particulars to appear in register of contributors to funeral contribution fund\n\n9 Additional particulars to appear in register of contributors to funeral contribution fund\n\n> For the purposes of section 26 (2) (d) of the Act, if—\n> \n> > (a) a person ceases to be a contributor to a funeral contribution fund, and\n> \n> > (b) an amount equal to the paid-up value of the person’s contributions is paid towards the cost of a funeral service for that person,\n> \n> the fund must enter in its register of contributors a statement of the amount so paid.","sortOrder":10},{"sectionNumber":"10","sectionType":"section","heading":"Contents of abstract of actuary’s report of investigation of funeral contribution fund","content":"#### 10 Contents of abstract of actuary’s report of investigation of funeral contribution fund\n\n10 Contents of abstract of actuary’s report of investigation of funeral contribution fund\n\n> For the purposes of section 28 (3) (a) of the Act, an abstract of an actuary’s report of an investigation of a funeral contribution fund—\n> \n> > (a) must be prepared in the manner, and must contain the particulars, specified in Schedule 2, and\n> \n> > (b) in relation to the statements and information required by clauses 2 and 3 of Schedule 2—must contain those statements and that information in the same order, and with the same numbering and lettering, as set out in the clauses under which the statements and information are required.","sortOrder":11},{"sectionNumber":"Part 3","sectionType":"part","heading":"Pre-paid funeral funds","content":"# Part 3 Pre-paid funeral funds\n\nPart 3 Pre-paid funeral funds","sortOrder":12},{"sectionNumber":"11","sectionType":"section","heading":"Documents to accompany application for registration of trustees","content":"#### 11 Documents to accompany application for registration of trustees\n\n11 Documents to accompany application for registration of trustees\n\n> For the purposes of section 35 (2) (b) of the Act, a copy of the bond or arrangement referred to in clause 12 is prescribed as a document required to accompany an application for registration as the trustee or trustees of trust funds.","sortOrder":13},{"sectionNumber":"12","sectionType":"section","heading":"Qualifications for registration as trustee","content":"#### 12 Qualifications for registration as trustee\n\n12 Qualifications for registration as trustee\n\n> For the purposes of section 36 (1) (c) of the Act, the prescribed qualification for registration as a trustee of trust funds is that the company or group of individuals concerned has entered into a bond (or any other financial arrangement that is approved by the Secretary) for an amount that, in the opinion of the Secretary, is sufficient to secure the due administration of the trust funds for which the company or group proposes to act as trustee.","sortOrder":14},{"sectionNumber":"13","sectionType":"section","heading":"Accounts","content":"#### 13 Accounts\n\n13 Accounts\n\n> > (1) A pre-paid funeral fund must keep accounts of all trust funds under pre-paid contracts for which the fund acts as trustee in a manner that discloses their true position and enables the accounts to be conveniently and properly audited.\n> \n> > (2) In particular, the accounts must contain, in relation to each pre-paid contract for which the fund acts as trustee—\n> > \n> > > (a) the name and address of each person who is a party to the contract, and\n> > \n> > > (b) the date and file reference of the contract, and\n> > \n> > > (c) particulars of each amount of money paid or other valuable consideration given in respect of which the fund acts as trustee.\n> \n> Maximum penalty—2 penalty units.","sortOrder":15},{"sectionNumber":"14","sectionType":"section","heading":"Registers","content":"#### 14 Registers\n\n14 Registers\n\n> A pre-paid funeral fund—\n> \n> > (a) must keep a register of investments, and\n> \n> > (b) within 7 days after purchasing or realising an investment, or receiving interest on it, must enter details of that transaction in the register.\n> \n> Maximum penalty—2 penalty units.","sortOrder":16},{"sectionNumber":"Part 4","sectionType":"part","heading":"Pre-paid contracts","content":"# Part 4 Pre-paid contracts\n\nPart 4 Pre-paid contracts","sortOrder":17},{"sectionNumber":"15","sectionType":"section","heading":"Information that must be provided to a customer about a pre-paid contract","content":"#### 15 Information that must be provided to a customer about a pre-paid contract\n\n15 Information that must be provided to a customer about a pre-paid contract\n\n> > (1) A person (the funeral service supplier) must not enter a pre-paid contract to supply funeral services to another person (the customer) unless, before the contract is entered into—\n> > \n> > > (a) the customer has been provided with a document that includes all of the information required by this clause, and\n> > \n> > > (b) both the funeral service provider and the customer have signed the document, and\n> > \n> > > (c) the customer has been provided with a copy of the signed document to keep.\n> > \n> > Maximum penalty—2 penalty units.\n> \n> > (2) The information required by this clause is the following—\n> > \n> > > (a) the name and contact details of the funeral service supplier,\n> > \n> > > (b) a statement to the effect that the use of a particular individual as the undertaker supplying the funeral service is not guaranteed,\n> > \n> > > (c) the arrangements that will apply if the business of the funeral service supplier is sold to another person before the service is supplied,\n> > \n> > > (d) full details of each component of the funeral service to be supplied under the contract and the costs of each component,\n> > \n> > > (e) information about any components of the funeral service (which may be goods, services or facilities) that will not be supplied under the contract but that may be supplied for an additional charge at the time of the customer’s death and funeral (so it is clear to the customer that not all aspects of the funeral have been paid for in advance),\n> > \n> > > (f) the name and contact details of the funeral fund to which payments are to be made,\n> > \n> > > (g) the amount and date due of any payment instalments applying under the contract and the arrangements that will apply if the customer dies before all instalments have been paid,\n> > \n> > > (h) the geographic area (including outside the State) serviced by the funeral service supplier,\n> > \n> > > (i) the arrangements that will apply if the customer dies outside the area serviced by the funeral service supplier and any associated additional transaction costs,\n> > \n> > > (j) the arrangements that will apply if the customer moves out of the area (including interstate) or otherwise wishes to transfer the contract for the supply of the funeral services to another person,\n> > \n> > > (k) the existence of a 30 day cooling-off period after entry into the agreement during which the customer may end the pre-paid contract and have any money paid refunded,\n> > \n> > > (l) the circumstances in which the customer has the right to cancel the contract after the cooling-off period has ended (either because of a right under section 49 of the Act or a right under the contract) and obtain a full or partial refund of money paid under the contract,\n> > \n> > > (m) a statement to the effect that the pre-paid contract is a legal document the terms of which can be changed only if both parties to the contract agree,\n> > \n> > > (n) a statement of any fees, brokerage or commission payable to any person in relation to the pre-paid contract.","sortOrder":18},{"sectionNumber":"16","sectionType":"section","heading":"Payment of money under pre-paid contract","content":"#### 16 Payment of money under pre-paid contract\n\n16 Payment of money under pre-paid contract\n\n> For the purposes of section 40 (1) of the Act, the money to be paid or other valuable consideration to be given is required to be paid to the pre-paid funeral fund within 10 days after the pre-paid contract is entered into.","sortOrder":19},{"sectionNumber":"17","sectionType":"section","heading":"Cooling-off period for pre-paid contracts","content":"#### 17 Cooling-off period for pre-paid contracts\n\n17 Cooling-off period for pre-paid contracts\n\n> For the purposes of section 49J (1) of the Act, the period of 30 days is prescribed as the period after entry into the contract in which a person may end the agreement.","sortOrder":20},{"sectionNumber":"18","sectionType":"section","heading":"Particulars of funeral service to be contained in pre-paid contract","content":"#### 18 Particulars of funeral service to be contained in pre-paid contract\n\n18 Particulars of funeral service to be contained in pre-paid contract\n\n> For the purposes of section 51 of the Act—\n> \n> > (a) the funeral services to which that section applies are burial services and cremation services, and\n> \n> > (b) the particulars prescribed in relation to any such service are those specified in Column 2 of Schedule 3 in relation to the component of the funeral service set out in Column 1 of that Schedule.","sortOrder":21},{"sectionNumber":"Part 5","sectionType":"part","heading":"Miscellaneous","content":"# Part 5 Miscellaneous\n\nPart 5 Miscellaneous","sortOrder":22},{"sectionNumber":"19","sectionType":"section","heading":"Fees","content":"#### 19 Fees\n\n19 Fees\n\n> The fees for the purposes of the Act are set out in Part 1 of Schedule 4.\n> \n> **cl 19:** Am 2017 (208), Sch 1 \\[2\\].","sortOrder":23},{"sectionNumber":"20","sectionType":"section","heading":"Savings","content":"#### 20 Savings\n\n20 Savings\n\n> Any act, matter or thing that, immediately before the repeal of the [Funeral Funds Regulation 2011](/view/html/repealed/current/sl-2011-0453), had effect under that Regulation continues to have effect under this Regulation.","sortOrder":24},{"sectionNumber":"Schedule 1","sectionType":"schedule","heading":"Actuarial projections","content":"# Schedule 1 Actuarial projections\n\nSchedule 1 Actuarial projections\n\n(Clause 4 (1) (h))","sortOrder":25},{"sectionNumber":"Schedule 2","sectionType":"schedule","heading":"Actuarial abstracts","content":"# Schedule 2 Actuarial abstracts\n\nSchedule 2 Actuarial abstracts\n\n(Clause 10)","sortOrder":29},{"sectionNumber":"Schedule 3","sectionType":"schedule","heading":"Particulars of funeral service","content":"# Schedule 3 Particulars of funeral service\n\nSchedule 3 Particulars of funeral service\n\n(Clause 18)\n\n| Column 1 | Column 2 |\n| Component of funeral service | Particulars |\n| Supply of coffin or casket | The principal material to be used in the coffin or casketThe type of lid on, and the method of closure of, the coffin or casketThe types of any external or internal trimmings on or in the coffin or casketThe finish to be applied to the external surfaces of the coffin or casket |\n| Provision of vehicles | The classes of vehiclesThe number of vehicles in each class |\n| Conveyance of persons and the remains of the deceased | The maximum distance over which conveyance will be providedThe maximum number of persons who will be conveyedThe hours and days when conveyance will be provided without additional charge |\n| Disposal of the remains of the deceased | Whether disposal is to be by way of burial or cremation |\n| Provision of memorial or urn | The design, size and material of the memorial or urn |","sortOrder":35},{"sectionNumber":"Schedule 4","sectionType":"schedule","heading":"Fees","content":"# Schedule 4 Fees\n\nSchedule 4 Fees\n\n(Clause 19)\n\n**sch 4:** Subst 2017 (208), Sch 1 \\[3\\]. Am 2021 No 23, Sch 1.10\\[1\\] \\[2\\]; 2024 No 25, Sch 5.5\\[1\\]–\\[3\\].","sortOrder":36}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The Regulation appears to maintain its original scope as subordinate legislation supporting the Funeral Funds Act 1979. It covers the two established categories of funeral funds (contribution funds and pre-paid funds) as originally intended. The 2017 replacement of the 2011 Regulation and subsequent amendments to Schedule 4 (fees) represent routine updates rather than scope expansion. The detailed schedules (1-4) are standard supporting materials for this type of financial services regulation."},"complexity_factors":["Extensive cross-referencing to the parent Funeral Funds Act 1979 (the Act) throughout - nearly every clause refers to specific section numbers of the Act","Multiple detailed schedules with technical requirements: Schedule 1 (actuarial projections with 'worst case' and 'best case' scenarios), Schedule 2 (actuarial abstracts with 14 specific information categories plus 14 methodological statements), Schedule 3 (tabular particulars of funeral services), Schedule 4 (fee calculation formula with CPI indexing)","Specialised actuarial terminology and requirements throughout (mortality tables, valuation balance sheets, inter-valuation periods, contribution terms)","Nested conditional logic in several clauses, particularly clause 3 of Schedule 2 with multiple sub-paragraphs and conditions for actuarial abstracts","Mathematical formula for fee unit calculation with CPI indexing and rounding rules","Dual regulatory frameworks running in parallel (contribution funds vs pre-paid funds) with different but overlapping requirements","Specific formatting and presentation requirements (e.g., clause 10(b) requires identical numbering and lettering to Schedule 2)","Multiple amendment notes indicating evolving provisions (2017, 2021, 2024 amendments to Schedule 4)"],"plain_english_summary":"This Regulation sets out the detailed rules for how funeral funds operate in New South Wales. It covers two main types of funeral arrangements:\n\n**1. Funeral Contribution Funds (like a savings club)**\n- These are ongoing funds where people make regular contributions over time to build up money for their funeral\n- The Regulation specifies what documents companies must provide when applying to run these funds, including detailed financial projections and actuarial assessments (calculations by qualified experts about whether the fund will remain financially stable)\n- It requires funds to keep detailed records of contributors and send annual statements showing account balances and benefits\n- Funds must have rules ensuring that even if someone stops contributing after 10 years, they still get some funeral benefit when they die\n\n**2. Pre-paid Funeral Funds (paying upfront)**\n- These hold money paid in advance for specific funeral services\n- Trustees must be registered and provide financial security (like a bond) to protect customers' money\n- Strict record-keeping requirements apply, including registers of investments\n\n**Consumer Protections**\n- People entering pre-paid contracts must receive detailed information before signing, including:\n  - Exactly what services are included and what costs extra\n  - What happens if the funeral business is sold\n  - Geographic service areas and transfer options\n  - A 30-day cooling-off period to cancel and get a refund\n- Money paid under pre-paid contracts must be transferred to the fund within 10 days\n\n**Fees and Administration**\n- The Regulation sets out fees for applications and returns, calculated using \"fee units\" that adjust annually for inflation based on the Consumer Price Index\n- Detailed schedules specify what must be included in actuarial reports and what particulars must be listed in funeral service contracts (coffin details, vehicles, cremation vs burial, etc.)\n\n**Who it affects:** Anyone running a funeral fund, funeral directors offering pre-paid services, and consumers arranging funerals in advance. The Regulation ensures funeral funds remain financially sound and that consumers understand what they're buying."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":false,"description":"The Regulation replaces the 2011 Regulation (commences 1 Sept 2016) and continues prior acts under a savings clause (cl 2, cl 20). It updates procedural, reporting, actuarial and fee details but does not itself broaden the statutory scope of the Funeral Funds Act; substantive authority and registration powers remain with the Act."},"complexity_factors":["Technical actuarial requirements and detailed projection/report formats (cl 4(1)(h), Sch 1; Sch 2) increase specialist input and review.","Multiple registration, trustee‑qualification and approval steps with Secretary discretion (cl 4, cl 12, cl 6) create administrative complexity.","Consumer‑protection and contract disclosure obligations with specific content and signature/copy requirements (cl 15, cl 17) add compliance steps for suppliers.","Recordkeeping and audit‑readiness obligations for pre‑paid funds (cl 13–14) impose operational controls and potential inspection risk.","Fee structure linked to a CPI‑indexed fee unit with rounding and notification rules (Sch 4 Part 2) requires periodic calculation and publication.","Cross‑references to the primary Funeral Funds Act and Interpretation Act mean regulatory effect depends on interaction with the Act."],"plain_english_summary":"This Regulation sets registration, reporting, actuarial and consumer‑disclosure rules for contributory and pre‑paid funeral funds, and fixes fees indexed to CPI. It applies to companies running funeral contribution funds, trustees, funeral suppliers and customers.\n\nApplicants and funds pay fees (Sch 4); the Secretary approves trustee bonds (cl 12) and registrations under the Funeral Funds Act. Funds must prepare actuarial projections and annual reports and give contributor reports (cl 4, Sch 1, cl 7–8). Suppliers must pay funds within 10 days and provide pre‑contract disclosure and a 30‑day cooling‑off right (cl 16–17)."},"issue_detection":{"absurdities":[],"contradictions":[]},"summary":{"complexity_score":4,"scope_assessment":{"changed":false,"description":"Based on the available information, the regulation appears to remain focused on its original purpose of regulating pre-paid funeral funds in NSW. The multiple amendments since 2016 suggest periodic updates to keep pace with industry or policy changes, but there is no indication of a significant expansion or contraction of the regulation's core scope. Without access to the full text of each version, a definitive assessment of scope drift cannot be made."},"complexity_factors":["The document provided is metadata and status information only — the actual substantive provisions of the regulation are not included, limiting full analysis","The regulation operates as subordinate legislation beneath the Funeral Funds Act 1979, requiring understanding of both instruments together","Subject matter (pre-paid funeral funds) involves financial services concepts such as trust obligations, investment rules, and licensing that can be technically complex","Multiple amended versions over time (2016, 2017, 2021, 2024) suggest the regulation has evolved, adding interpretive layers","Staged repeal mechanism under the Subordinate Legislation Act 1989 adds a procedural layer relevant to the regulation's ongoing status","Intersection with broader financial services and consumer protection law adds contextual complexity"],"plain_english_summary":"The Funeral Funds Regulation 2016 (NSW) spells out how pre-paid funeral funds must be managed to protect consumers who pay in advance, imposing rules on how operators hold and invest money, what must be disclosed, and how records, fees and reporting are handled. It governs funeral fund businesses and regulators to reduce the risk of misuse or insolvency so funds remain available when needed. The regulation is due for automatic repeal on 1 September 2026; the parent Act remains."}},"importantCases":[],"_links":{"self":"/api/acts/funeral-funds-regulation-2016","history":"/api/acts/funeral-funds-regulation-2016/history","analysis":"/api/acts/funeral-funds-regulation-2016/analysis","conflicts":"/api/acts/funeral-funds-regulation-2016/conflicts","importantCases":"/api/acts/funeral-funds-regulation-2016/important-cases","documents":"/api/acts/funeral-funds-regulation-2016/documents"}}