Document ID: chunk:federal_register_of_legislation:F2015L00807:body:0:p6
Version: federal_register_of_legislation:F2015L00807
Segment Type: other
Provision Reference: 
Character Range: 15584–18693

of the RSE licensee is the principal employer-sponsor of an RSE within the RSE licensee's business operations. Include: where the RSE licensee is owned by employees of the employer-sponsor. Reference: SIS Act, s. 16(1). Exclude: where the employer-sponsor is a public sector organisation.

Public sector organisation ownership             Represents where the owner of the RSE licensee is an organisation within the government sector or a resident corporation and quasi-corporation controlled by the general government sector. Includes: where the public sector organisation is the principal employer-sponsor of an RSE within the RSE licensee's business operations.

Nominating organisation ownership                Represents where the owner of the RSE licensee is an employee association or employer association that represents the membership/employers of the RSEs within the RSE licensee's business operations. Includes: where the RSE licensee is owned by directors representing the membership/employers of the RSEs within the RSE licensee's business operations.

Public company ownership                         Represents where the owner of the RSE licensee is a public company. Excludes: a public company that is a financial services corporation, a public company that is the principal employer-sponsor of an RSE.

Item 2                 Report the RSE licensee profit status in item 2 as: not for profit status or for profit status.

Not for profit status  Represents where the RSE licensee's business operations are not a source of income, profit or other financial gain to the RSE licensee owners, or associates of the RSE licensee owners, that establish, control or finance the legal entity.

For profit status      Represents where an RSE licensee cannot be classified as being not for profit status.

Item 3                                            Report the board structure in item 3 as equal representation required by legislation, equal representation required by governing rules or non-equal representation.

Equal representation required by legislation      Represents where the RSE licensee is required to have an equal-representation board structure. Reference: SIS Act, s. 89.

Equal representation required by governing rules  Represents where the RSE licensee chooses to have an equal-representation board structure. Reference: SIS Act, s. 89.

Non-equal representation                          Represents where the RSE licensee does not maintain any form of equal representation on the Board.

PART B: Membership

Item 4 collects information about the membership base of each RSE, defined benefit RSE and ERF within an RSE licensee's business operations. Do not report item 4 in respect of a PST.

Item 4            Report the ABN of the RSE, defined benefit RSE or ERF in item 4 column 1 and the membership base of the RSE, defined benefit RSE or ERF as: government base, corporate base, industry base or general base in item 4 column 2. Where an RSE's membership base might be classified as more than one type of membership base, apply the hierarchy outlined in Attachment