Retirement Savings Accounts Act 1997

PART 9 - FACILITY TO PAY BENEFITS TO ELIGIBLE ROLLOVER FUNDS  

SECTION 90   OPERATING STANDARDS FOR RSA PROVIDERS - INFORMATION AND RECORDS  

90(1)   When section applies.  

This section applies if an application is made under section 89 by an RSA provider to the trustee of an eligible rollover fund, on behalf of the holder of an RSA, for the issue to the holder of a superannuation interest in the eligible rollover fund.

90(2)   Operating standards.  

Without limiting, by implication, the generality of the standards that may be prescribed under section 38 , those standards may include standards relating to the following matters:

(a) requiring the RSA provider to give to the trustee of the eligible rollover fund such information about the holder as is specified in the standards;

(b) requiring the RSA provider to keep and retain a record of the application.