Approval of a Public Offer Superannuation Fund - Australian Government

Service summary

You will require this approval if your corporation intends to act as trustee of public offer entities. Public offer entities make offers to members of the public of superannuation products.

A public offer entity means a:

  • Public offer superannuation funds;
  • Pooled superannuation trusts; or
  • Approved deposit funds.

Please consult the Contact Officer for more information.

Service type

Licence

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

Eligibility requirements

The applying entity must be a constitutional corporation and intend to be a trustee of: an approved deposit fund; a public offer superannuation fund; or a pooled superannuation trust. It must satisfy prescribed asset backing requirements and must have the capacity to perform the role of a trustee.

Other accreditation and licences may be required, such as compliance with SIS fitness and propriety standards. Please consult the Contact Officer for further details.

Prerequisites

Duration

Ongoing unless revoked

Fees

 TypeDescription
ApplyApplication

$20 000

Forms

 Resources
Apply

Application by Corporation for Approval as an Approved Trustee - Part A - Details of this application process are available directly from the Agency and their website.

Application by Corporation for Approval as an Approved Trustee - Part B - Details of this application process are available directly from the Agency and their website.

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

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.

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