Superannuation Industry (Supervision) Act 1993
APRA must register a registrable superannuation entity if, and only if:
(a) the application for registration complies with section 29L ; and
(b) the applicant has provided to APRA all information that the applicant was requested, under section 29LA , to provide, or the request has been disposed of; and
(c) APRA is satisfied that nothing in the governing rules of the entity conflicts with Part 6 ; and
(d) (Repealed by No 117 of 2012)
(e) the applicant for registration holds an RSE licence that enables:
(i) if the applicant is a body corporate - the body corporate; or
to be a trustee of that entity.
(ii) if the applicant is a group of individual trustees - each member of the group;
Otherwise APRA must refuse to register the entity.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.