Superannuation Laws Amendment Regulations 2002 (No. 1) (200 of 2002)

Schedule 4   Amendments of Retirement Savings Accounts Regulations 1997

[1]   Subregulation 1.06 (3), note

substitute

Note The consequences of an RSA holder becoming a lost RSA holder are:

(a) that the RSA provider must report certain details to the Commissioner of Taxation (see regulation 5 of the Superannuation (Unclaimed Money and Lost Members) Regulations 1999); and

(b) that, if the RSA holder is transferred to a superannuation entity or an EPSSS, the RSA provider must supply certain information about the RSA holder to the trustee of the superannuation entity or the EPSSS (see regulation 7.9.82 of the Corporations Regulations 2001).

There may also be consequences regarding the information to be supplied to the RSA holder (see regulation 7.9.61 of, and Part 14 of Schedule 10A to, the Corporations Regulations 2001).