What does 'Election to be regulated is being processed' mean?
An election to be a regulated Self-Managed Super Fund (SMSF) has been received by the ATO.
Checks are currently being undertaken and need to be completed before this entity can be added to Super Fund Lookup as
an ATO regulated SMSF. This process can take up to 28 days to complete.
Transfers and rollovers cannot be made to the entity at this time. Check for updates to the status of this SMSF
on or after the date in the information listed above.
Also refer to
frequently asked questions.
This extract is based on information supplied by superannuation entities to the Commissioner of Taxation.
Important Neither the Australian Government nor the ATO endorse or guarantee the performance of super funds.