150Provision of certain information to and by the Commission

150 Provision of certain information to and by the Commission

(1)  The Commission must provide the Actuary with the information in respect of members that is necessary for the purposes of these regulations.

(2)  The Commission must provide the Taxation Commissioner with the information in respect of members that is required under the law of the Commonwealth.

(3)  The Commission must, at least annually, distribute to each member –

(a) a report of its operations during the last financial year; and

(b) a statement of the benefit entitlement of the member and the balance of the member’s account, detailing the total interest credited or debited, administration costs and management charges, death and incapacity premiums deducted and any surcharge or taxation liabilities deducted from the account or accounts; and

(c) a statement of the Commission’s current investment strategies and performance.