Operating standards for transferor funds—information and records
244 Operating standards for transferor funds—information and records
When section applies
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
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:
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;
requiring each trustee of the transferor fund to ensure that a record of the application is kept and retained.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.