Commonwealth Numbered Regulations

1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 2.43

2.43. (1) Subject to subregulation (2), if a person ceases to be the holder of
an RSA:
(a) after the end of a completed reporting period ("completed period"); and

   (b)  before RSA information is given for the completed period; the
        information required by this Division to be given to or in relation to
        the person may be given in respect of the period consisting of:

   (c)  the completed period; and

   (d)  the period from the end of that period to the end of the day on which
        the person ceased to be the holder of the RSA; instead of in respect
        of the person's exit reporting period.

(2) If the period mentioned in paragraph (1) (d) exceeds 3 months in a
particular case, subregulation (1) does not apply in respect of that case.

(3) The RSA provider need not give information under this Division to the
holder of an RSA who is transferring the amount of the RSA if:

   (a)  the RSA holder has received sufficient information under subregulation
        2.28 (3) to enable the RSA holder to understand the effect of the
        transfer; and

   (b)  the RSA provider reasonably believes that the RSA holder does not need
        the information because the RSA holder has received or will receive,
        from:

        (i)    the RSA institution to which the amount is being transferred,
               information under regulations 2.14 and 2.15 in respect of the
               RSA holder's exit reporting period; or

        (ii)   the trustee of the superannuation entity to which the amount is
               being transferred, information under Subdivision 2.4.2 of the
               SIS Regulations in respect of the RSA holder's
               exit reporting period.