You may apply for this approval if you operate a constitutional corporation under the legislation and intend to be an approved trustee.
Under the provisions, approved deposit funds (ADFs), pooled superannuation trusts (PSTs), and public offer superannuation funds need to have an approved trustee.
In the case of foreign corporations, their Australian subsidiaries may apply to become an approved trustee. Please consult the Contact Officer for further details.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
To apply you must be operating as a corporation formed within the limits of the Commonwealth.
In your application you will be required to demonstrate compliance with current legislative requirements and operating standards, including proof of compliance with SIS fitness and propriety standards. Extensive requirements and obligations apply to this licence.
Please consult the Agency for full details.
As specified by the Agency.
Fees vary depending on individual circumstances. Please consult the Contact Officer for fee information.
Australian Prudential Regulation Authority
Superannuation Industry (Supervision) Act 1993 (Australian Government)
Superannuation Industry (Supervision) (Transitional Provisions) Regulations 1993 (Australian Government)
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To the full extent permitted by law, the Federal, State, Territory and Local Governments
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