Commonwealth Consolidated Acts

RETIREMENT SAVINGS ACCOUNTS ACT 1997 - SECT 23

             (1)  A constitutional corporation that is an ADI or a life insurance company or prescribed financial institution may apply to APRA for approval as an RSA institution for the purposes of this Act.

             (2)  An application must:

                     (a)  be in the approved form; and

                     (b)  contain the information required by the form; and

                     (c)  be accompanied by an application fee of the prescribed amount.

Note:       The approved form of application may require the applicant to set out the applicant's tax file number. See subsection 144(1).