Document ID: chunk:federal_register_of_legislation:F2024C01224:reg:3:p3
Version: federal_register_of_legislation:F2024C01224
Segment Type: reg
Provision Reference: reg 3 (pt 3/13)
Character Range: 218112–220815

under subregulation (4), the RSA institution is taken not to have contravened the Act or these Regulations in relation to the acceptance of the amount or in relation to the return of the amount to the entity or person that paid the amount.
 (6) An RSA institution may accept contributions in respect of an RSA holder if the RSA institution is reasonably satisfied that the contribution is in respect of a period during which, under an item in the table in subregulation (1) or under subregulation (1A), the RSA institution may accept the contribution in respect of that RSA holder, even though the contribution is actually made after that period.
 (7) In this regulation:
administration costs has the same meaning as in subregulation 5.01(1).
downsizer contribution means a contribution covered under section 292‑102 of the 1997 Tax Act.
employer contribution has the same meaning as in subregulation 1.03(1).
mandated employer contributions has the same meaning as in subregulation 1.03(1).
quoted (for superannuation purposes) has the same meaning as in section 295‑615 of the 1997 Tax Act.
RSA holder contributions has the same meaning as in subregulation 1.03(1).
tax file number has the meaning given by section 16 of the Act.
transaction costs means any of the following:
 (a) brokerage paid because of an investment transaction;
 (b) a cost arising from maintenance of a property investment;
 (c) stamp duty on an investment transaction.

Division 5.2—Data and payment matters relating to RSAs

5.04  Data and payment matters relating to RSAs
  For subsection 45B(1) of the Act, regulations 5.05 to 5.10 prescribe matters to be complied with.

5.05  Application
 (1) This regulation is made for subitem 20(6) of Part 4 of Schedule 1 to the Superannuation Legislation Amendment (Stronger Super) Act 2012 (the amending Act).
 (2) This Division applies in relation to a medium to large employer on 1 July 2014 in relation to conduct that occurs on or after 1 July 2014.
 (3) This Division applies in relation to a small employer on 1 July 2015 in relation to conduct that occurs on or after 1 July 2015.
 (4) In this regulation:
medium to large employer has the meaning given by subitem 20(4) of Part 4 of Schedule 1 to the amending Act.
small employer has the meaning given by subitem 20(4) of Part 4 of Schedule 1 to the amending Act.

5.06  RSA provider may give policy or account number to Commissioner of Taxation
  An RSA provider may give the Commissioner of Taxation the policy number, or account number, for an RSA holder of an RSA provided by the RSA provider.

5.07  Employee details for contribution
 (1) This regulation applies to an employer who makes a contribution for an employee to