Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subsection 31(1) of the Act, the requirement in subregulation (3) is a standard applicable to the operation of a regulated superannuation fund.
(2) The standard applies to the trustee of a superannuation fund that:
(a) is a self managed superannuation fund and:
(i) ceases to be such a superannuation fund; or
(ii) ceases to exist; or
(b) is not a self managed superannuation fund and becomes such a superannuation fund.
(3) Within 28 days after the trustee first has knowledge of such a change, the trustee must tell the Commissioner of Taxation in writing:
(a) the fund's name; and
(b) its ABN; and
(c) the name of an individual who is able to act as a contact person, and his or her telephone and facsimile numbers; and
(d) the date on which the change occurred; and
(e) if the fund has not ceased to exist--whether it has become a self managed superannuation fund; and
(f) if the fund has become a self managed superannuation fund:
(i) for any trustee of the fund that is an individual--his or her name, date of birth and sex; or
(ii) for any trustee that is a corporation--its name and its ABN; and
(g) if the fund has not ceased to exist, but is not a self managed superannuation fund after the change--the trustee's name and its ABN.
(4) In subregulation (3):
"ABN" , for an entity, means the Australian Business Number given to the entity under the A New Tax System (Australian Business Number) Act 1999 .