- Date
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27 Nov 2003
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Treasury
- Summary
-
Amends the
Superannuation Industry (Supervision) Act 1993
to strengthen the prudential regulation of superannuation, including providing for: the licensing of trustees of superannuation entities regulated by the Australian Prudential Regulation Authority and the registration of those entities; and enforcement powers and penalty provisions; and Superannuation Industry (Supervision) Act 1993
and Retirement Savings Accounts Act 1997
to expand the reporting requirements for actuaries and auditors. Also contains transitional provisions.