Commonwealth Consolidated Regulations

SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) REGULATIONS 1997 - REG 3C

(1)

For subsection 13 (4A) of the Act, a statement by a superannuation provider (the destination superannuation provider ) to which any of a member's contributed amounts are transferred by another superannuation provider must include information (if applicable) on the matters set out in Schedule 6.

(2)

Subregulation (1) applies to a destination superannuation provider for a member only if, within the time allowed, the other superannuation provider requests information on a matter set out in Schedule 6 for the member.

(3)

For subregulation (2), the time allowed is:

(a)

if the amounts were or are transferred in the 1996-97 financial year or the 1997-98 financial year — not later than 7 days before the notification date for the financial year in which the amounts were or are transferred; or

(b)

if the amounts were or are transferred in a later financial year — within 7 days after the day on which the amounts were or are transferred.