Document ID: chunk:federal_register_of_legislation:F2024C01224:front:0:p58
Version: federal_register_of_legislation:F2024C01224
Segment Type: other
Provision Reference: 
Character Range: 148004–150840

and
 (b) either:
 (i) has obtained any information the RSA holder reasonably requires; or
 (ii) does not require such information.
Note: Under section 1017C of the Corporations Act 2001, an RSA provider must, on request by an RSA holder, give the RSA holder the information and documents mentioned in subsection 1017C(2) or (2A) and subsection 1017C(5) of the Corporations Act 2001. See also regulations 7.9.46 and 7.9.47 of the Corporations Regulations 2001.

4.35K  Timeframes for rollovers and transfers
 (1) This regulation applies if an RSA provider (the transferring entity) is required to roll over or transfer an amount to a receiving entity under regulation 4.35J.

Timeframe—standard
 (2) Subject to subregulation (3), the transferring entity must roll over or transfer the amount as soon as practicable, but in any case no later than 3 business days after:
 (a) the transferring entity received the rollover or transfer request; or
 (b) if the transferring entity seeks further information under regulation 4.35F or subregulation 4.35G(4) or 4.35H(3)—the date the transferring entity receives the information.

Timeframe—non‑standard
 (3) If the receiving entity is unable to receive the rollover or transfer in accordance with any applicable Standards made under subsection 45B(3) of the Act or subsection 34K(3) of the SIS Act, the transferring entity is required to roll over or transfer the amount as soon as practicable, but in any case no later than 30 days after:
 (a) the transferring entity received the rollover or transfer request; or
 (b) if the transferring entity seeks further information under regulation 4.35F or subregulation 4.35G(4) or 4.35H(3)—the date the transferring entity receives the information.

4.35L  RSA holder details for rollover or transfer
 (1) An RSA provider who rolls over or transfers the whole or part of an RSA holder's withdrawal benefit under regulation 4.35J to a regulated superannuation fund, an EPSSS, an approved deposit fund or another RSA provider (the receiving entity) must give the following information to the receiving entity in relation to the rollover or transfer:
 (a) the RSA holder's full name;
 (b) the RSA holder's date of birth;
 (c) the RSA holder's sex;
 (d) the RSA holder's residential address;
 (e) the payment reference number included with the rollover or transfer.
Note: See section 138 of the Act for requirements relating to the provision of the RSA holder's tax file number.
 (2) However, the RSA provider is not required to give the information to the receiving entity if the RSA holder has not given the information to the RSA provider.
 (3) The RSA provider must give the information to the receiving entity on the same day as the RSA provider makes the rollover or transfer.
Note: Standards made under subsection 45B(3) of the Act may set out how