Superannuation Industry (Supervision) Act 1993
29MRegistration of registrable superannuation entity
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29M Registration of registrable superannuation entity
(1) APRA must register a registrable superannuation entity if, and only if: (a) the application for registration complies with section 29L; and (b) the applicant has provided to APRA all information that the applicant was requested, under section 29LA, to provide, or the request has been disposed of; and (c) APRA is satisfied that nothing in the governing rules of the entity conflicts with Part 6; and (e) the applicant for registration holds an RSE licence that enables: (i) if the applicant is a body corporate—the body corporate; or (ii) if the applicant is a group of individual trustees—each member of the group; to be a trustee of that entity. (2) Otherwise APRA must refuse to register the entity.