Document ID: chunk:federal_register_of_legislation:F2024C01224:reg:3:p7
Version: federal_register_of_legislation:F2024C01224
Segment Type: reg
Provision Reference: reg 3 (pt 7/13)
Character Range: 228128–231062

in:
 (a) the name of the RSA provider; or
 (b) the postal address, registered address or address for service of notices, of the RSA provider; or
 (c) details of the contact person, and contact telephone and facsimile numbers.
 (2) A notice mentioned in subregulation (1) must be given within 1 month of the occurrence of the change.
 (3) In subregulation (1):
contact person means a named individual, or a person holding a designated office or position, who is available to receive and deal with inquiries from APRA.

6.10  Lodgment of annual returns
  For the purposes of subsection 44(1) of the Act, the prescribed period after the end of each year of income of an RSA provider is 5 months.

Division 6.3A—Cooperation with AFCA

6.10A  Cooperation with AFCA
 (1) For the purposes of subsection 38(1) of the Act, the requirement set out in subregulation (2) is a standard applicable to the operation of RSAs.
 (2) An RSA provider that is required to be a member of the AFCA scheme by paragraph 47(1)(a) of the Act must take reasonable steps to cooperate with AFCA in resolving any complaint under the AFCA scheme to which the RSA provider is a party, including by:
 (a) giving reasonable assistance to AFCA in resolving the complaint; and
 (b) identifying, locating and providing to AFCA any documents and information that AFCA reasonably requires for the purposes of resolving the complaint; and
 (c) giving effect to any determination made by AFCA in relation to the complaint.
 (3) Subregulation (2) does not apply to superannuation complaints (within the meaning of the Corporations Act 2001).
Note: For provisions relating to superannuation complaints, see Division 3 of Part 7.10A of the Corporations Act 2001.

Division 6.4—Other matters

6.11  RSA holder benefits—specified age
  For the purposes of paragraph 15(2)(b) of the Act, 65 years is the specified age.

6.12  Prescribed regulatory agencies
  For the purposes of subsections 26(2), 33(3), paragraphs 96(1)(c) and 182(2)(b) of the Act and regulation 4.34, the following agencies are prescribed:
 (b) in the case of building societies and credit unions:
 (i) Australian Capital Territory—Registrar of Financial Institutions;
 (ii) Australian Financial Institutions Commission;
 (iii) New South Wales Financial Institutions Commission;
 (iv) Queensland Office of Financial Supervision;
 (v) South Australian Office of Financial Supervision;
 (vi) Tasmanian Office of Financial Supervision;
 (vii) Territory Supervisory Authority constituted by the Registrar of Financial Institutions;
 (viii) Victorian Financial Institutions Commission;
 (ix) Western Australian Financial Institutions Authority.

6.13  Period to notify RSA holder or employer of suspension or revocation
  For the purposes of paragraph 34(1)(a) of the Act, the prescribed period is 28 days.

6.15  Amount to be transferred
  For the purposes of subsection 50(3) of the Act, the amount of an RSA is the