Document ID: chunk:federal_register_of_legislation:F2024C01224:front:0:p56
Version: federal_register_of_legislation:F2024C01224
Segment Type: other
Provision Reference: 
Character Range: 142844–145659

the information.

4.35H  Verification of self managed superannuation fund and RSA holder's details
 (1) This regulation applies to an RSA provider (the transferring entity) if the transferring entity receives a request under regulation 4.35C to roll over or transfer the whole or a part of a RSA holder's withdrawal benefit in an RSA provided by the transferring entity to a self managed superannuation fund (the receiving fund).
 (2) The transferring entity must:
 (a) use an electronic service provided by the Australian government to verify:
 (i) the ABN and name of the receiving fund; and
 (ii) that the receiving fund is a regulated superannuation fund; and
 (b) use an electronic service provided by the Commissioner of Taxation to validate that the RSA holder is a member of the receiving fund.
 (3) If the transferring entity is unable to verify the information mentioned in paragraph (2)(a), or is unable to validate the information mentioned in paragraph (2)(b), using the electronic service, the transferring entity must ask the RSA holder for written evidence to verify:
 (a) the name of the receiving fund; and
 (b) that the receiving fund is a regulated superannuation fund; and
 (c) that the RSA holder is a member of the receiving fund.
 (4) The transferring entity must ask for the evidence under subregulation (3) no later than 5 business days after the transferring entity has been unable to verify or validate the information under subsection (2).
 (5) If the transferring entity does not receive the evidence requested under subregulation (3) within 10 business days after making the request the transferring entity must make reasonable further inquiries of the RSA holder to obtain the information.

4.35J  Rollover or transfer of RSA holder's withdrawal benefit

Application of regulation
 (1) This regulation applies to an RSA provider (the transferring entity) if:
 (a) the transferring entity receives a request to roll over or transfer the whole or part of an RSA holder's withdrawal benefit in an RSA provided by the transferring entity to any of the following (the receiving entity):
 (i) a superannuation entity;
 (ii) an RSA provided by another RSA provider;
 (iii) an EPSSS; and
Note: The request could come from the RSA holder, the receiving entity or the Commissioner of Taxation.
 (b) for a request to roll over or transfer the whole of the RSA holder's withdrawal benefit—the transferring entity receives all information that is mandatory information in the Schedule 2A request form (if the receiving entity is not a self managed superannuation fund) or the Schedule 2B request form (if the receiving entity is a self managed superannuation fund); and
 (c) for a request to roll over or transfer part of the RSA holder's withdrawal benefit—the transferring entity receives:
 (i)