NOTICE OF REFUSAL TO REVOKE DISQUALIFICATION – Matthew Somers 16 June 2025
Superannuation Industry (Supervision) Act 1993
To:
Matthew Somers
HUNTER REGION NSW 2310
I, Emma Rosenzweig, a delegate of the Commissioner of Taxation, give you notice as required by subsection 126A(6) of the Superannuation Industry (Supervision) Act 1993 (SISA), that I have refused to revoke your disqualification under subsection 126A(5) of the SISA.
I have refused to revoke your disqualification as I am satisfied that you are not a fit and proper person to be a trustee or a responsible officer of a body corporate that is a trustee, of a superannuation entity for the purposes of the SISA.
Dated: 16 June 2025
Emma Rosenzweig
Deputy Commissioner of Taxation
Per Diptie Achal
Note 1:
Under subsection 126A(7) of the SISA, details of this refusal to revoke disqualification notice will be published as a Notifiable Instrument in the Federal Register of Legislation.
Note 2:
Under section 126K of the SISA, it is an offence for a disqualified person, who knows that he or she is a disqualified person, to be, or act as a:
› trustee, investment manager or custodian of a superannuation entity
› responsible officer or a body corporate that is a trustee, investment manager or custodian, of a superannuation entity
The maximum penalty for committing this offence is two years jail.