Commonwealth Numbered Regulations

1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 2.15

2.15. (1) Subject to subregulation (2), an RSA provider must give to an RSA
holder details of the following matters in respect of the RSA holder so far as
they are applicable:

   (a)  the amount of the RSA holder's contributions during the
        reporting period;

   (b)  the amount of employer contributions during the reporting  period;

   (c)  the amount of benefits rolled-over or transferred into the RSA during
        the reporting period;

   (d)  the amount of withdrawals during the reporting period;

   (e)  the amounts of fees, charges and other expenses deducted from the RSA
        during the reporting period;

   (f)  the amount of interest credited to the RSA during the reporting 
        period;

   (g)  the actual or notional rate of net interest applied to the RSA during
        the reporting period;

   (h)  a statement of:

        (i)    the annual actual or notional rate of net interest applied to
               the RSA for each year of the previous 5 years ending at the end
               of the reporting period; and

        (ii)   the compound average of the annual actual or notional rate of
               net interest applied to the RSA for each year of the previous 5
               years ending at the end of the reporting period;

   (i)  the effect of the RSA holder-protection standards;

   (j)  the amount of bonuses that have accrued at the end of the
        reporting period;

   (k)  if an insurance policy is held by the RSA provider - the amount of the
        sum assured;

   (l)  the circumstances when benefits may be paid to an eligible 
        rollover fund, the effect of that payment and the contact details of
        the eligible rollover fund;

   (m)  the amount payable in the event of the RSA holder's death:

        (i)    at the end of the reporting period; or

        (ii)   on the first day of the next reporting period; or the method by
               which that amount is worked out;

   (n)  the amount, or method of working out, of other benefits including, in
        particular, disability benefits.

(2) A nil amount need not be disclosed.

(3) If, at the end of a reporting period, an RSA has not been in existence for
5 years, the references in paragraph (1) (h) to 5 years are taken to be
references to the whole period of existence of the RSA.