Commonwealth Numbered Regulations

1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 2.10

2.10. (1) For the purposes of section 55 of the Act, the following information
is prescribed in circumstances other than the circumstances in subregulation
(2):

   (a)  a statement that the RSA has been opened by the employer; and

   (b)  a summary of the provisions of Division 7 of Part 5 of the Act
        relating to the cooling off period.

(2) Subregulation (1) does not apply if:

   (a)  the RSA was opened by the employer under subsection 52 (5) of the Act;
        or

   (b)  the holder of an RSA closes the RSA before the time at which the RSA
        institution would be required to give the RSA holder the information
        prescribed by subregulation (1).