Superannuation Industry (Supervision) Regulations 1994

REGULATION 4A.06 ELIGIBLE APPLICATIONS  
4A.06(1)
In this Division, an eligible application , for a child account issued by a public offer superannuation fund, means an application that satisfies the following requirements:

(a) the application complies with paragraphs 153(3)(a) and (b) of the old SIS Act;

(b) when the person making the application received the form mentioned in paragraph 153(3)(b) of the old SIS Act, the person also received the additional information (if any) and the additional documents (if any) that would, under paragraph 153(3)(c) of the old SIS Act, have been received by the applicant under that paragraph before the FSR commencement;

(c) the application includes evidence that:

(i) the child's legal personal representative has consented to the opening of the child account; or

(ii) if the child does not have a legal personal representative, a parent of the child, or the child's guardian, has consented to the opening of the child account;

(d) the application includes the name and address of the legal personal representative, parent or guardian;

(e) the application includes the name, address and date of birth of the child.

4A.06(2)
In this Division, an eligible application , for a child account issued by a regulated superannuation fund that is not a public offer superannuation fund, means an application that satisfies the following requirements:

(a) the person making the application has been given the information that would, under regulations 2.15 and 2.16 of the old Regulations, have been given to a person who became a member of a fund of that type before the FSR commencement;

(b) the application includes evidence that:

(i) the child's legal personal representative has consented to the opening of the child account; or

(ii) if the child does not have a legal personal representative, a parent of the child, or the child's guardian, has consented to the opening of the child account;

(c) the application includes the name and address of the legal personal representative, parent or guardian;

(d) the application includes the name, address and date of birth of the child.