Document ID: chunk:federal_register_of_legislation:F2017L01270:body:0:p1
Version: federal_register_of_legislation:F2017L01270
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Retirement Savings Accounts Tax File Number approval No. 1 of 2017

Retirement Savings Accounts Act 1997

I, Helen Rowell, a delegate of APRA, under subsection 33(3) of the Acts Interpretation Act 1901 and sections 135, 136, 138, 139 and 142 of the Retirement Savings Accounts Act 1997 (the Act) REVOKE Retirement Savings Accounts Tax File Number approval No. 1 of 2007, dated 27 June 2007, including the Schedule made under that Approval,

AND

    (a)   under subsection 135(1) of the Act, APPROVE the manner, set out in paragraphs 1 to 5 of the Schedule, of an RSA provider requesting that a holder, or a person applying to be a holder, of an RSA quote their tax file number in connection with the operation or the possible future operation of this Act and the other Superannuation Acts;

    (b)   under subsection 136(1) of the Act, APPROVE the manner, set out in paragraphs 1 to 5 of the Schedule, of an RSA provider requesting that a holder of an RSA quote their tax file number in connection with the operation or the possible future operation of the Acts referred to in that subsection;

    (c)   under subsection 138(2) of the Act, APPROVE the manner, set out in paragraphs 7 and 8 of the Schedule, of an RSA provider informing another RSA provider or the trustee of a superannuation entity or of a regulated exempt public sector superannuation scheme, of an RSA holder's tax file number;

    (d)   under section 139 of the Act, APPROVE, for the purposes of section 134 of the Act, the manner, set out in paragraph 6 of the Schedule, for a holder, or a person applying to be a holder, of an RSA to quote their tax file number to an RSA provider in connection with the operation or the future operation of this Act and the other Superannuation Acts; and

    (e)   under subsection 142(1) of the Act, APPROVE the manner, set out in paragraph 6 of the Schedule, of a person setting out their tax file number in an application to an RSA provider for payment of a benefit.

This instrument commences on 1 October 2017.

Dated 20 September 2017

[Signed]

Helen Rowell
Deputy Chairman
APRA

Interpretation

In this Approval:

APRA means the Australian Prudential Regulation Authority.

holder has the meaning in section 9 of the Act.

RSA has the meaning in section 8 of the Act.

RSA provider has the meaning in section 12 of the Act.

tax file number has the meaning in section 16 of the Act.

Superannuation Acts has the meaning in section 16 of the Act.

Schedule

Retirement Savings Accounts Act 1997

Manner of RSA provider requesting tax file number

   1. Before the RSA holder, or