Superannuation (Unclaimed Money and Lost Members) Act 1999

PART 3D - PAYMENT OF OTHER AMOUNTS TO THE COMMISSIONER  

Division 1 - Payments by superannuation providers  

SECTION 22A   ERRORS OR OMISSIONS IN STATEMENTS  

22A(1)    
A superannuation provider who becomes aware of a material error, or material omission, in any information in a statement of the superannuation provider under subsection 22(2) must give the corrected or omitted information to the Commissioner.

22A(2)    
The corrected or omitted information must be given:

(a)    in the approved form; and

(b)    no later than 30 days after the superannuation provider becomes aware of the error or omission.

Note 1:

The Commissioner may defer the time for giving the information: see section 388-55 in Schedule 1 to the Taxation Administration Act 1953 .

Note 2:

The Taxation Administration Act 1953 provides for offences and administrative penalties if the information is not given when it must be: see sections 8C and 8E of that Act and Division 286 in Schedule 1 to that Act.