14Variation of a choice notice

14 Variation of a choice notice

(1) The member may vary a choice notice he or she has given by notice in writing signed by the member and given to the administering authority. (2) The only variations that are permitted are: (a) to change the chosen fund to another fund that is, at the time the notice is given: (i) a complying superannuation fund; or (ii) an RSA; or (b) to change the start date to a later date (but only if the start date has not already occurred). (3) The notice of variation must specify a date (the variation date) from which the variation is to take effect, being the date on which the notice is given or a later date. (4) A notice of variation to change the chosen fund to another complying superannuation fund or RSA (the new fund) must: (a) specify the name of, and contact details for, the new fund; and (b) be accompanied by evidence that the new fund will accept contributions under this Act. (5) If the notice of variation complies with this section, it varies the choice notice accordingly (subject to any later variations) with effect from the variation date.