Section E: Former PPFs distributing under the transitional distribution rules

Under the transitional distribution rules in the private AF guidelines, a fund that was subject to a continuing agreed accumulation plan was permitted to act in accordance with that plan until the earliest of the following times:

• when the plan expires,
• when the fund meets its target capital amount
• the end of the 2013-14 financial year
• the start of a financial year for which the fund chooses not to apply the transitional rule.

As the transitional period has now expired, a response is no longer required for this section.