Retirement Savings Accounts Act 1997

PART 3 - APPROVAL OF RSA INSTITUTIONS  

SECTION 23   APPLICATION FOR APPROVAL  

23(1)   [Application to APRA]  

A constitutional corporation that is an ADI or a life insurance company or prescribed financial institution may apply to APRA for approval as an RSA institution for the purposes of this Act.

23(2)   [Form and manner of application]  

An application must:

(a) be in the approved form; and

(b) contain the information required by the form; and

(c) be accompanied by an application fee of the prescribed amount.

Note:

The approved form of application may require the applicant to set out the applicant's tax file number. See subsection 144(1) .