Document ID: chunk:federal_register_of_legislation:F2015L00820:body:0:p6
Version: federal_register_of_legislation:F2015L00820
Segment Type: other
Provision Reference: 
Character Range: 14108–16877

of wind-up in item 1.

Date of wind-up  Represents the date a registrable superannuation entity, small APRA fund or single member approved deposit fund, as relevant, where the date is either the date of transfer of legal title stipulated in the trust deed or the date when the assets, liabilities and member entitlements have been physically transferred.

Item 2                   Report the method of wind-up in item 2 as successor fund transfer, wind-up via member consent, ERF wind-up, Part 18 amalgamation or other method.

Successor fund transfer  Represents a transfer of a member's benefits without the member's consent from one RSE to a successor fund within the meaning given in r. 1.03 of the SIS Regulations. Reference: SIS Regulations, r. 6.29.

Via member consent       Represents where the winding up was implemented via members' consent to the transfer within the meaning given in r. 6.29(1)(a) and (b) of the SIS Regulations, rather than a transfer to a successor fund. Reference: SIS Regulations, r. 6.29.

ERF wind up              Represents a transfer from an eligible rollover fund (ERF) within the meaning given in section 242 of the SIS Act. Reference: SIS Act, section 242.

Part 18 amalgamation     Represents where APRA approves, under section 143 of the SIS Act, the transfer of all benefits of members and beneficiaries in a registrable superannuation entity, small APRA fund or single member approved deposit fund to another registrable superannuation entity, small APRA fund or single member approved deposit fund. Reference: SIS Act, s. 143

Item 3  Report details of the RSE where members' benefits are being transferred to in item 3.

        Where the method of wind-up reported in item 2 is successor fund transfer, report the name of each successor fund in item 3 column 1 and ABN of each successor fund in item 3 column 2.

        Where the method of wind-up reported in item 2 is via member consent, ERF wind up, Part 18 amalgamation or other method, report the name of the receiving fund in item 3 column 1 and ABN of the receiving fund in item 3 column 2.

ABN     Represents an unique public identifier issued to an entity registered in the Australian Business Register to be used in dealings with government.  A company registered under the Corporations Act 2001 or a business entity carrying on an enterprise in Australia is entitled to an ABN.

Interpretation

For the purposes of these instructions:

     * defined benefit RSE means an RSE that is a defined benefit fund within the meaning given in Prudential Standard SPS 160 Defined Benefit Matters;

     * eligible rollover fund (ERF) has the meaning given in section 10(1) of the SIS Act;

     * financial product advice has the meaning given in s. 766B of