Superannuation Industry (Supervision) Regulations 1994
PART 6
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PAYMENT STANDARDS
Division 6.4
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General rules for rollover and transfer of benefits in regulated superannuation funds and approved deposit funds
REGULATION 6.28
ROLLOVER
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REGULATED SUPERANNUATION FUNDS AND APPROVED DEPOSIT FUNDS
6.28(1)
[Conditions allowing rollover]
(a) the member has given to the trustee the member's consent to the rollover; or
(b) the trustee of the fund believes, on reasonable grounds, that:
(a) is a regulated superannuation fund or an approved deposit fund; and
(b) has not been registered under Part 2B of the Act.
Note: See also Parts 22 and 24 of the Act.
View history note
Hide history noteExcept as otherwise provided by the Act, the Corporations Act 2001 , the Corporations Regulations 2001 or these regulations, a member's benefits in a regulated superannuation fund or an approved deposit fund must not be rolled over from the fund unless:
(a) the member has given to the trustee the member's consent to the rollover; or
(b) the trustee of the fund believes, on reasonable grounds, that:
(i) the trustee of the regulated superannuation fund, the approved deposit fund or the EPSSS; or
into which the benefits are to be rolled over has received, from the member, consent to the rollover. 6.28(2) [Receiving fund]
(ii) the RSA institution providing the RSA;
The fund to which the money is to be rolled over must not be a registrable superannuation entity that:
(a) is a regulated superannuation fund or an approved deposit fund; and
(b) has not been registered under Part 2B of the Act.
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