Superannuation Industry (Supervision) Regulations 1994

PART 8 - FINANCIAL REPORTING  

REGULATION 8.02   ACCOUNTS AND STATEMENTS THAT MUST BE PREPARED  

8.02(1)   [ Purpose of regulation]  

This regulation is made for the purposes of paragraph 35B(1)(c) of the Act.

8.02(2)   [ Where certain statements not required]  

Where, because of subregulation 8.01(3) , paragraphs 35B(1)(a) and (b) of the Act do not apply in respect of a regulated superannuation fund in respect of a year of income, the accounts and statements mentioned in subregulation (3) are specified in respect of the fund in respect of that year of income.

8.02(3)   [ Specified accounts and statements]  

Those accounts and statements are:

(a) a statement that policies of the kinds mentioned in subregulation 8.01(3) are in place at the end of the year of income; and

(b) a statement as to whether those policies have been fully maintained as directed by the relevant insurers; and

(c) a statement of the identities of those insurers; and

(d) the amounts contributed by employers and members in respect of the year of income; and

(e) where not all of those amounts have been paid as premiums on the policies - the amount of premiums paid on the policies in respect of the year of income; and

(f) the expenses incurred by the fund in respect of the year of income, other than amounts covered by premiums.