Proposed new application form to own or control a registrable superannuation entity licensee
July 2019
Response letter
On 15 July 2019, after a two-week consultation period, APRA released the new application form and accompanying instruction guide for parties seeking to request approval from APRA to own or control a stake greater than 15 per cent in a registrable superannuation entity (RSE) licensee.
The new application form and instruction guide can be found at: Apply for approval to own or control a registrable superannuation entity licensee.
June 2019
Consultation on draft Application Form – Approval to own or control a registrable superannuation entity (RSE) licensee –Closed
From 5 July 2019, APRA must approve a party seeking to acquire a stake greater than 15 per cent in an RSE licensee. As such, on 24 June 2019, APRA released for consultation a draft form and guide for parties seeking to apply to own or control these stakes.
This consultation was open for submissions until 5 July 2019.
The consultation letter, draft application form and accompanying instruction guide can be found below :
Consultation letter
Draft Application Form
Draft Instruction Guide
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.
Submissions may be the subject of a request for access made under the Freedom of Information Act 1982 (FOIA). APRA will determine such requests, if any, in accordance with the provisions of the FOIA. Information in the submission about any APRA-regulated entity that is not in the public domain and that is identified as confidential will be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt from production under the FOIA.