Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-25 - RECORD-KEEPING AND OTHER OBLIGATIONS RELATING TO TAXPAYERS  

Division 390 - Superannuation reporting  

Subdivision 390-A - Member information statements and roll-over superannuation benefit statements  

SECTION 390-15   SUPERANNUATION STATEMENTS TO MEMBERS  

390-15(1)  
An individual, or the trustee of an individual ' s estate:


(a) may ask a *superannuation provider who has given information in a statement under section 390-5 , 390-10 or 390-12 in relation to the individual to give the individual or the trustee the same information; and


(b) may ask a *life insurance company that has given information in a statement under section 390-20 in relation to the individual to give the individual or the trustee the same information; and


(c) may ask the superannuation provider or life insurance company to give the information in writing.

390-15(2)  


The *superannuation provider or *life insurance company must:


(a) comply with the request within 30 days after receiving the request; and


(b) if the individual or the trustee asked for the information to be given in writing - give the information in the *approved form.

Note 1:

Section 286-75 provides an administrative penalty for breach of this subsection.

Note 2:

Section 388-55 allows the Commissioner to defer the time for giving an approved form.

390-15(3)  


Subsection (2) does not apply if the *superannuation provider or *life insurance company has given the same information to the individual or the trustee previously (whether or not on request by the individual or trustee).

390-15(4)  


If the individual or the trustee does not ask for the information to be given in writing, the *superannuation provider or *life insurance company may give the information to the individual or trustee in a way that the provider or company considers appropriate.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.