RETIREMENT SAVINGS ACCOUNTS ACT 1997

PART 2 - KEY CONCEPTS AND OTHER DEFINITIONS  

Division 1 - Key concepts  

SECTION 11   WHO IS AN RSA INSTITUTION ?  

11(1)   [Current approval]  

A person is an RSA institution at a particular time if there is an approval under section 26 in force in relation to the person at that time which has not been suspended or revoked under section 33 .

11(2)   [Who can be an RSA institution]  

Only an ADI or a life insurance company or a prescribed financial institution can be approved as an RSA institution.