Section 23AFair Work Act 2009 (Cth)

Terms relating to superannuation

(1) MySuper product has the meaning given by the Superannuation Industry (Supervision) Act 1993.

(1A) A standard MySuper product is a MySuper product that is not an employer MySuper product.

(1B) An employer MySuper product is a tailored MySuper product or a corporate MySuper product.

(2) A tailored MySuper product is a MySuper product in relation to which section 29TB of the Superannuation Industry (Supervision) Act 1993 is satisfied.

(3) A corporate MySuper product is a MySuper product that is offered by a superannuation fund that:

(a) is a standard employer‑sponsored fund (within the meaning of the Superannuation Industry (Supervision) Act 1993); and

(b) is not a public offer superannuation fund (within the meaning of that Act); and

(c) has:

(i) one standard employer‑sponsor (within the meaning of that Act); or

(ii) 2 or more standard employer‑sponsors (within the meaning of that Act) that are associates of each other for the purposes of that Act.

(4) A reference in this Act to a superannuation fund doing a thing in relation to a matter (for example, offering a MySuper product or making an application or submission) is a reference to the RSE licensee (within the meaning of the Superannuation Industry (Supervision) Act 1993) of the fund doing that thing.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

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