Document ID: chunk:federal_register_of_legislation:C2025C00134:section:257
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 257
Character Range: 895363–896053

257  Investigation of financial position of superannuation entity
 (1) APRA may, by written notice given to a trustee of a superannuation entity, require the trustee, or the trustees, of the entity to appoint an individual, or a committee of individuals, to:
 (a) carry out an investigation of the whole or a specified part of the financial position of the entity as at a specified time or in relation to a specified period; and
 (b) make a report on that investigation.
 (2) Each trustee of the entity must ensure that a copy of the notice is given to the individual or to each member of the committee (whichever is relevant) within 3 days of the appointment of the individual or member.