Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_3:p3
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 3/17)
Character Range: 1764193–1767127

a statement must be given to the Commissioner.
 (7) The period specified in the determination:
 (a) may be:
 (i) all or part of an income year; or
 (ii) all or part of a financial year; or
 (iii) any other period; and
 (b) may be different:
 (i) for different kinds of *superannuation provider; and
 (ii) in relation to any other matter.
 (8) Subsection (7) does not limit the way in which the determination may specify the period.
 (9) The *approved form may require the statement to contain the following information:
 (a) information relating to the contributions made to the *superannuation plan, including the amount and type of the contributions;
 (b) the *value of any *superannuation interest, or superannuation account, the individual held in the superannuation plan at a particular time;
 (c) if no contributions were made to the superannuation plan in respect of the individual during the period—a statement to that effect;
 (d) information relating to the Superannuation (Unclaimed Money and Lost Members) Act 1999;
 (e) if the superannuation plan is a *regulated superannuation fund in relation to which the individual has an LRBA amount under section 307‑231 of the Income Tax Assessment Act 1997 (about limited recourse borrowing arrangements)—the amount of the LRBA amount.
 (9A) Treat the following as contributions for the purposes of this section:
 (a) *notional taxed contributions in relation to a *defined benefit interest in the *superannuation plan;
 (b) amounts, mentioned in subsection 291‑25(3) or paragraph 292‑90(4)(a) of the Income Tax Assessment Act 1997, allocated by the *superannuation provider in relation to the superannuation plan;
 (c) amounts mentioned in paragraph 292‑90(4)(c) of that Act;
 (d) *defined benefit contributions in relation to a *defined benefit interest in the superannuation plan.
 (10) Subsection (9) does not limit the information that the *approved form may require the statement to contain.
 (11) The *approved form may require the statement to contain the *tax file number of:
 (a) the *superannuation provider; and
 (b) the *superannuation plan; and
 (c) the individual who holds the *superannuation interest in the plan if:
 (i) the individual has quoted the individual's tax file number to the superannuation provider; or
 (ii) a person has quoted the individual's tax file number to the superannuation provider (and had authority to do so).

390‑7  Grace periods for correcting false or misleading member information statements

When statements can be corrected
 (1) A *superannuation provider in relation to a *superannuation plan that has given a statement to the Commissioner under section 390‑5 may correct the statement:
 (a) within the period determined by the Commissioner under subsection (2) of this section; or
 (b) if paragraph (a) does not apply but the superannuation provider is covered by a determination under subsection (5)—within the period specified