Retirement Savings Accounts Regulations 1997

PART 4 - PAYMENT STANDARDS  

Division 4.2 - Payment of benefits  

REGULATION 4.20A  

4.20A   PAYMENT AND COMMUTATION OF PENSION IN BREACH OF STANDARDS  


If an RSA provider provides a pension under rules which meet the standards of subregulation 1.07(3A) , the RSA provider must not:


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


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




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