Approval as an Approved Deposit Fund - Australian Government

Service summary

You will require this approval if you intend to be the provider of an approved deposit fund. An approved deposit fund is a fund that is an indefinitely continuing fund maintained by an approved trustee solely for approved purposes. It does not accept contributions but does accept rollovers.

Please consult the Agency and their website for further details.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

In your application you will be required to demonstrate compliance with the current operating standards and legislative requirements, including proof of compliance with SIS fitness and propriety standards and responsible lending conduct requirements.

Extensive requirements and obligations apply to this licence. Please consult the Agency for full details.

Duration

As specified by the Agency.

Fees

 TypeDescription
ApplyApplication

Please consult the Contact Officer for information on fees to be submitted.

Forms

 Resources
Apply

Application for Approval as an Approved Deposit Fund - This form is available directly from the Agency and their website.

Application

Lodge

Lodge this registration with Australian Prudential Regulation Authority in your nearest capital city.


Administering agency

Australian Prudential Regulation Authority

Act(s) name

Superannuation Industry (Supervision) Act 1993 (Australian Government)

Regulation(s) name

Superannuation Industry (Supervision) (Transitional Provisions) Regulations 1993 (Australian Government)

Contact details

Enquiries
Australian Prudential Regulation Authority

Phone:

02 8037 9015

Toll Free:

1300 558 849

Contact us website:

http://www.apra.gov.au/Pages/Contact-APRA.aspx Opens in a new browser window

Website:

Australian Prudential Regulation Authority Opens in a new browser window

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.