Document ID: chunk:federal_register_of_legislation:C2022C00279:section:12:p1
Version: federal_register_of_legislation:C2022C00279
Segment Type: section
Provision Reference: s 12 (pt 1/3)
Character Range: 18013–20686

12  Superannuation providers to give statements

Application
 (1) This section applies in respect of every member.

Superannuation provider to give statement to Commissioner at end of financial year
 (2) Each superannuation provider must, after the end of each financial year (being a financial year that ends before 1 July 2005) but not later than the notification date for the financial year or such later date (if any) as the Commissioner allows, give the Commissioner, in respect of each person who, at the end of the financial year, was a member of the constitutionally protected superannuation fund of which the provider was the trustee, a statement setting out:
 (a) the member's name, the address of the member's place of residence or place of business or employment, the date of the member's birth and, if given to the provider in connection with the operation or the possible future operation of this Act, the member's tax file number; and
 (b) the particulars referred to in subsection (5); and
 (c) any other matters required by the regulations.

Superannuation provider that pays out contributed amounts
 (3) If, after 7.30 pm by legal time in the Australian Capital Territory on 20 August 1996 and before 1 July 2005, any of the contributed amounts in relation to the member were or are paid by a superannuation provider:
 (a) to the member; or
 (b) to the member, or to a person other than a member, under a payment split;
then the provider must, not later than the notification date for the financial year in which the payment was or is made or such later date (if any) as the Commissioner allows, give the Commissioner a statement setting out:
 (c) the member's name, the address of the member's place of residence or place of business or employment, the date of the member's birth and, if given to the provider in connection with the operation or the possible future operation of this Act, the member's tax file number; and
 (d) the particulars referred to in subsection (5); and
 (e) the date of the payment; and
 (f) any other information required by the regulations.

Information to be given to member
 (4) A superannuation provider who is required to give a statement to the Commissioner under subsection (2) or (3) for a financial year earlier than the 1998‑99 financial year must, not later than 12 months after the statement is given, give to the member the particulars referred to in subsection (5) that are required to be included in the statement.

Member may request provider to give particulars
 (4A) If a member requests a superannuation provider who has given a statement to the Commissioner under this section for the 1998‑99 financial year