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.
Last modified: 25 Jun 2015QC 46033
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For more information, refer to private AF guidelines 52, 53, 54 and 55.
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