Retirement Savings Accounts Regulations 1997

PART 4AA - PORTABILITY FORMS  

REGULATION 4AA.03   VERIFICATION OF DATA  

4AA.03(1)    
The Commissioner of Taxation must:

(a) confirm the identity of the RSA holder and his or her membership of the complying superannuation fund to which the roll over or transfer is to be made; and

(b) confirm the ownership of the withdrawal benefit; and

(c) identify the account in the complying superannuation fund to which the roll over or transfer is to be made; and

(d) then give the request to the RSA provider that holds the RSA holder ' s withdrawal benefit.

4AA.03(2)    
Despite subregulation (1), the Commissioner may decline to give the request to the RSA provider if:

(a) the request does not comply with the requirements mentioned in regulation 4AA.02 ; or

(b) it appears to the Commissioner that conduct has been, is being, or is proposed to be, engaged in by a trustee or an investment manager of the complying superannuation fund to which the roll over or transfer is to be made that is likely to adversely affect the values of the interests of beneficiaries of that fund.

(c) (Repealed by SLI No 61 of 2013)