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02 Jul 14 RSA Data and Payment Standards - standard amended

On 2 July 2014 the ATO issued a legislative determination under s 45B(3) of the Retirement Savings Accounts Act 1997, which amends the existing contribution transitional arrangements set out in Schedule 1 to the RSA Data and Payment Standards 2013: SPR 2014/3 RSA Data and Payment Standards (Contribution Transitional Arrangements) Amendment 2014 (Legislative Instrument F2014L00889; registered 30 June 2014).

This standard applies to employers and RSA providers that are required to comply with the requirements of the RSA Data and Payment Standards 2013 in relation to contributions. The standard amends the existing contribution transitional arrangements by extending the existing contribution transition-in period by 12 months to 30 June 2017, and by providing additional transition-in arrangements that can be used during that period.

 

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