Superannuation Industry (Supervision) Act 1993
PART 24
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ELIGIBLE ROLLOVER FUNDS
Division 2
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Authority to operate an eligible rollover fund
Subdivision A
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Applying for authority
SECTION 242D
242D
APRA MAY REQUEST FURTHER INFORMATION
APRA may give an RSE licensee that has applied for authority to operate a regulated superannuation fund as an eligible rollover fund a notice requesting the RSE licensee to give APRA, in writing, specified information relating to the application.
View history note
Hide history note[ CCH Note: Pt 24 has effect in relation to standard employer-sponsored funds and eligible rollover funds, and their trustees, as if it were modified by amendments to s 244 , 247 , 248 and 249 - see ISC Modification Declaration No 4 under s 244 , 247 , 248 and 249 .]
APRA may give an RSE licensee that has applied for authority to operate a regulated superannuation fund as an eligible rollover fund a notice requesting the RSE licensee to give APRA, in writing, specified information relating to the application.
Note:
A failure to give the requested information delays the time within which APRA must decide the application: see paragraph 242E(1)(b) .
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