SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 3 - OPERATING STANDARDS  

Division 3 - Portability forms  

SECTION 34A   PORTABILITY FORMS  

34A(1)  
For the purposes of standards made under Division 2 , and without limiting that Division, the regulations may prescribe a scheme under which:


(a) a beneficiary of:


(i) a regulated superannuation fund; or

(ii) an approved deposit fund;
gives to the Commissioner of Taxation a request for the benefits held for the beneficiary in the fund to be rolled-over or transferred; and


(b) the Commissioner may pass the request on to the trustee of the fund.

Note:

The standards may require the trustee to act on the request. See paragraphs 31(2)(i) and 32(2)(d) .

34A(2)  
The regulations may provide that the request must be given to the Commissioner in the approved form.

Note:

The approved form may require the beneficiary to set out his or her tax file number. See subsection 299U(2A) .




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