PET - Plain English Taxonomy

Attribute:	PL20173
Concept:	Regulatory Disclosures Early Release Initiative Applications Amount
Label:	Value of applications
Concept Guidance:	The value of Early Release Initiative (ERI) applications. An ERI application is an application made to the Australian Taxation Office (ATO) by a member of a Registrable Superannuation Entity (RSE) under the terms of the Treasury Laws Amendment (Release of Superannuation on Compassionate Grounds) Regulations 2020.

Dimensions

Dimension	Member	Description
ApplicationToPaymentDurationDimension	(EightBusinessDays)	The length of time (in business days) from the date an Early Release Initiative (ERI) payment application was received by the Registrable Superannuation Entity (RSE) from the Australian Taxation Office to the date payment was made to the member. The length of time is eight business days.

Dimension

Member

Description

ApplicationToPaymentDurationDimension

(EightBusinessDays)

The length of time (in business days) from the date an Early Release Initiative (ERI) payment application was received by the Registrable Superannuation Entity (RSE) from the Australian Taxation Office to the date payment was made to the member.
The length of time is eight business days.