'Reporting of event based transfer balance account information in accordance with the Taxation Administration Act 1953
Reference: SPR 2017/2
Document type: Legislative Instrument
Enabling act: Taxation Administration Act 1953
Date of issue: 14 September 2017
Signatory: James O'Halloran Deputy Commissioner of Taxation
Registration number: F2017L01273
Registration date: 27 September 2017


1. Name of instrument: This determination may be cited as 'Reporting of event based transfer balance account information in accordance with the Taxation Administration Act 1953. | 2. Commencement: This instrument will commence on the day after it is registered on the Federal Register of Legislation and will apply from 1 October 2017. | 3. Application: This instrument applies to every superannuation provider in relation to a superannuation plan and every life insurance company, who is required to lodge a Transfer Balance Account Report (TBAR). The TBAR is required to be lodged, no later than 10 business days after the end of the month, or such later date as I may allow, in which the relevant reporting event occurred. | 4. Definitions: 'Superannuation provider' and 'life insurance company' take their meanings from the Income Tax Assessment Act 1997.