42BFunctions of financial trustee—the Act, s 61(2)(c)

42B Functions of financial trustee—the Act, s 61(2)(c)

42B Functions of financial trustee—the Act, s 61(2)(c)

(1) The financial trustee must report to the regulator on the activities of the scheme financial vehicle during a financial year.

(2) The report must be included as part of the report provided by the financial trustee to the regulator under the Act, section 70(1).

(3) The financial trustee may request information from the scheme financial vehicle for the purposes of preparing the report.

(4) In this clause—

activities do not include activities referred to in clause 32(2)(e).

cl 42B: Ins 2022 (465), Sch 1[5].