Superannuation Safety Amendment Act 2004 (53 of 2004)
Schedule 2 Clarification of the application of the law to groups of trustees
Superannuation Industry (Supervision) Act 1993
320 Subsection 299J(3)
Repeal the subsection, substitute:
Obligation to retain and later destroy tax file number
(3) Each trustee of the scheme must ensure that:
(a) the record is retained until the person ceases to be a beneficiary of the scheme; and
(b) the record is destroyed as soon as is reasonably practicable after the person ceases to be a beneficiary of the scheme.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
