15Superannuation provider must make reasonable efforts to ensure that the person receives the benefit

15 Superannuation provider must make reasonable efforts to ensure that the person receives the benefit

(1) If paragraphs 14(a), (b) and (c) are satisfied in relation to a member of a fund, the superannuation provider must make reasonable efforts to ensure that the person entitled to receive the benefit does receive the benefit. Offence (2) A superannuation provider commits an offence if the superannuation provider fails to comply with the obligation set out in subsection (1).

Penalty for contravention of this subsection: 100 penalty units.

Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.