Superannuation Industry (Supervision) Amendment Regulations 2004 (No. 4) (148 of 2004)

Schedule 3   Amendments commencing on 20 September 2004

[6]   Subparagraph 1.05 (2) (f) (ii)


(ii) if the commutation is made to the benefit of a reversionary beneficiary on the death of the primary beneficiary - within one of the following periods after the commencement day of the annuity:

(A) if the primary beneficiary's life expectancy on the commencement day is a period less than 20 years - that period;

(B) in any other case - 20 years; or