Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (67 of 2024)

Schedule 5   Miscellaneous and technical amendments

Part 1   Amendments commencing day after Royal Assent

Division 7   Financial reporting for superannuation entities

Superannuation Industry (Supervision) Act 1993

35   After section 254

Insert:

254A Information to be given to Regulator

The Regulator or an authorised person may, by written notice given to a trustee of a superannuation entity, require each trustee of the entity to ensure that, within a specified period, the Regulator or an authorised person is given, in relation to a specified year of income of the entity:

(a) such information; or

(b) a report on such matters;

as is set out in the notice.

Note 1: The information may include the tax file number of the entity. See subsection 299U(9).

Note 2: Failure to comply with the requirement is an offence. See section 285.