Retirement Savings Accounts Regulations 1997
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Div 2.6 inserted by SR No 20 of 2002, reg 3 and Sch 1 item 4, effective 11 March 2002.
Reg 2.34 omitted by SR No 20 of 2002, reg 3 and Sch 1 item 4, effective 11 March 2002. Reg 2.34 formerly read:
"concerned person"
in relation to which the request is made. Reg 2.34(3) amended by SR No 47 of 2002, reg 3 and Sch 1 item 11, by substituting para (c), effective 7 March 2002. Para (c) formerly read:
GENERAL REQUIREMENT
2.34(1)
Subject to subregulation (2), the RSA provider must give to a person, on request by the person, information that the person reasonably requires, as follows:
(a)
if the person is a concerned person (as defined in subregulation (3))
-
for the purposes of:
(i)
understanding any benefit entitlements that the person may have, has or used to have; and
(ii)
understanding the main features of the relevant RSA; or
(b)
if the person is an employer who made an application, on behalf of an employee
-
for the purposes of:
(i)
understanding the kinds of benefits to which the person's employees are entitled or will or may become entitled, and the main features of the RSA; and
(ii)
a matter related to the SGA Act.
2.34(2)
This regulation does not require (or, by implication, authorise) the disclosure of:
(a)
internal working documents of the RSA provider; or
(b)
information or documents that would disclose, or tend to disclose:
(i)
personal information of another person if, in the circumstances, the disclosure would be unreasonable; or
(ii)
trade secrets or other information having a commercial value that would be reduced or destroyed by the disclosure; or
(c)
information or documents in relation to which the RSA provider owes to another person a duty of non-disclosure.
2.34(3)
In this regulation and regulation
2.35
:
means a person who:
(a)
is, or was within the preceding 12 months, the holder of the RSA; or
(b)
is a legal personal representative of the holder of the RSA; or
(c)
has a right or claim under the RSA (including, if a payment split applies to the RSA, the non-member spouse in relation to the relevant RSA interest);
(c)
has a right or claim under the RSA;
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