Commonwealth Numbered Acts

RETIREMENT SAVINGS ACCOUNTS ACT 1997 No. 61, 1997 - SECT 28

(1) An RSA institution may apply to the Commissioner for variation of the
approval by requesting a variation of any conditions to which the approval is
subject.

(2) An application must:

   (a)  be made in writing; and

   (b)  specify the variation requested by the RSA institution; and

   (c)  set out the reasons for the application; and

   (d)  be signed by a responsible officer of the RSA institution.

(3) If the Commissioner needs further information to decide an application,
the Commissioner may request the RSA institution, in writing, to supply the
Commissioner with such further information as is specified in the request
within such time as is specified in the request.

(4) If, without reasonable excuse, the RSA institution refuses or fails to
comply with the request, the Commissioner may decide to treat the application
as having been withdrawn.

(5) If the Commissioner decides, under subsection (4), to treat the
application as having been withdrawn, the Commissioner must, as soon as
practicable after so deciding, inform the RSA institution in writing to that
effect.