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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 244

Operating standards for transferor funds--information and records

When section applies

  (1)   This section applies if an application is made under section   243 by a trustee of a fund (the transferor fund ) to a trustee of an eligible rollover fund, on behalf of a person, for the issue to the person of a superannuation interest in the eligible rollover fund.

Operating standards

  (2)   Without limiting, by implication, the generality of the standards that may be prescribed under section   31 or 32, those standards may include standards relating to the following matters:

  (a)   requiring a trustee of the transferor fund to give to a trustee of the eligible rollover fund such information about the person as is specified in the standards;

  (b)   requiring each trustee of the transferor fund to ensure that a record of the application is kept and retained.



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