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  • Update on the closure of Electronic commerce interface channel

    Electronic commerce interface (ECI) channel will be closed for most transactions this month (December). Limited functionality will remain for some super transactions until an alternative solution is available.

    Unclaimed super money reporting

    You are obliged to report and pay unclaimed super money (USM) required in SuperStream. This includes receiving and responding to Section 20C notifications. Paper lodgment is an acceptable channel where reporting four or fewer member accounts.

    From April 2020, Remittance advice and recovery notices (RARNs) for USM recoveries will issue via the file transfer function in the Business Portal. Super funds needing to submit a Payment variation advice (PVA) in response to a USM recovery will need to submit it via the file transfer function in the Business Portal.

    There will be no change to the file content or structure for either the RARN or PVA files. This is a change to the delivery channel only. Funds are encouraged to consider their internal processes for sending and receiving these files.

    Outcome of lodgment report

    From April 2020, the Outcome of lodgment report (OOLR) will no longer issue for amended Member contribution statement reporting or surcharge transactions.

    Super contributions surcharge

    We'll contact affected super funds where a transition to an alternative solution for surcharge processing is required for the following transactions:

    • Super provider assessment data (SPAD)
    • Assessment variation advice (AVA)
    • Member exit statement (MES).

    Exempt public sector super scheme

    We will contact affected Exempt public sector super schemes (EPSSS) where a transition to an alternative solution for sending and receiving files is required.

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      Last modified: 12 Dec 2019QC 60947