Reg 2.41 omitted by SR No 20 of 2002, reg 3 and Sch 1 item 4, effective 11 March 2002. Reg 2.41 formerly read:
INFORMATION TO BE GIVEN WHERE APPLICABLE
2.41(1)
The RSA provider must give, to each person who ceases, otherwise than by death, to be an RSA holder, details of the following matters in respect of the RSA holder so far as they are applicable:
(a)
the amount of the RSA holder's contributions during the exit reporting period;
(b)
the amount of employer contributions during the exit reporting period;
(c)
the amount of benefits rolled-over or transferred into the RSA during the exit reporting period;
(d)
the amount of withdrawals during the exit reporting period;
(e)
the rate of interest applied during the exit reporting period;
(f)
the amount of interest credited to the RSA during the exit reporting period;
(g)
the amounts of fees, charges and other expenses deducted from the RSA during the exit reporting period;
(h)
the amount of bonuses that have accrued at the end of the exit reporting period;
(i)
if an insurance policy is held by the RSA provider
-
the amount of the sum assured;
(j)
in the case of a death benefit that ceases or reduces, or will cease or reduce, because the person has closed the RSA:
(i)
either:
(A)
the amount of the death benefit immediately before the person closed the RSA or at the end of the last RSA holder reporting period; or
(B)
the method of working out the death benefit; and
(ii)
whether a continuation option for insurance cover is available to the person and, if it is, details of the option, a contact person who is available to discuss the option and a telephone number for the contact person;
(k)
the amount of any deduction, from the RSA holder's benefits, in connection with payment of a superannuation contributions surcharge, or an advance instalment of surcharge, during the exit reporting period;
(l)
if there is a difference between the amount deducted and the amount assessed under subsection
15(1)
of the
Superannuation Contributions Tax (Assessment and Collection) Act 1997
or between the amount deducted and the amount determined under subsection
15(2)
of that Act
-
a statement explaining the difference.
History
Reg 2.41(1) amended by SR No 308 of 1997.
2.41(2)
A nil amount need not be disclosed.
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