Approval as an Approved Deposit Fund - Australian Government

Description

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

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application Sole Trader, Partnership, Company, Trust, Co-operative, Incorporated Association, Other

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

Forms

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

Administering agency

Australian Prudential Regulation Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries

Toll Free: 1300 558 849
Phone: 02 8037 9015
Contact us website: http://www.apra.gov.au/Pages/Contact-APRA.aspx (Opens in new window)
Website: Australian Prudential Regulation Authority (Opens in new window)