SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994

PART 6 - PAYMENT STANDARDS  

Division 6.2 - Payment of benefits  

REGULATION 6.17C   6.17C   PAYMENT AND COMMUTATION OF PENSION IN BREACH OF STANDARDS  


If a regulated superannuation fund provides a pension under rules which meet the standards of subregulation 1.06(2) , (7) or (8) , the trustee must not:


(a) pay the pension in a way that does not meet the standards of the relevant subregulation; or


(b) allow the pension to be commuted except in accordance with the relevant subregulation.




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