Taxation Administration Member Account Attribute Service - the Reporting of Information relating to Superannuation Account Phases and Attributes 2018 
Reference: SPR 2018/1
Document type: Legislative Instrument
Enabling act: Taxation Administration Act 1953
Date of issue: 28 February 2018
Signatory: James O'Halloran Deputy Commissioner Superannuation
Registration number: F2018L00467
Registration date: 5 April 2018


1. Name of instrument: This determination is the Taxation Administration Member Account Attribute Service - the Reporting of Information relating to Superannuation Account Phases and Attributes 2018 . | 2. Commencement: This instrument commences on the day after it is registered on the Federal Register of Legislation and will apply from 1 April 2018. | 3. Authority: This determination is made under sections 390-5 and 390-20 of Schedule 1 to the Taxation Administration Act 1953 (TAA 1953). | 4. Repeal of previous instrument: Legislative instrument F2017L00142 Reporting of all new member accounts and closed member accounts by superannuation providers in relation to superannuation plans (other than self managed superannuation funds) in accordance with the Taxation Administration Act 1953 registered 22 February 2017 is repealed on the commencement of this instrument. | 5. Application: This instrument applies to every superannuation provider in relation to a superannuation plan (excluding a self managed superannuation fund) and every life insurance company that is required to lodge a Member Account Attribute Service (MAAS) form. The MAAS form is the approved form for the giving of a statement to the Commissioner under section 390-5 and section 390-20 of Schedule 1 to the TAA 1953 in relation to an individual's superannuation account phases and attributes. The MAAS form, the statement is required to be lodged no later than 5 business days after the day on which an account is opened or a life insurance policy is first held or such later date as the Commissioner of Taxation may allow. A MAAS form is also required to be lodged no later than 5 business days after the day on which any changes to the superannuation account phases and/or attributes relating to the account or policy occur, or such later date as the Commissioner of Taxation may allow. | 6. Definitions: 'Superannuation provider', 'superannuation interest', 'superannuation plan' and 'life insurance company' take their meanings from the Income Tax Assessment Act 1997. 'Approved form' takes its meaning from TAA 1953