SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 242D APRA may request further information

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 242D

    APRA may give an RSE licensee that has applied for authority to operate a regulated superannuation fund as an eligible rollover fund a notice requesting the RSE licensee to give APRA, in writing, specified information relating to the application.

Note:   A failure to give the requested information delays the time within which APRA must decide the application: see paragraph   242E(1)(b).