Superannuation Industry (Supervision) Regulations 1994

PART 6 - PAYMENT STANDARDS  

Division 6.1 - Introductory  

Subdivision 6.1.2 - Preserved benefits  

REGULATION 6.03   6.03   PRESERVED BENEFITS IN REGULATED SUPERANNUATION FUNDS - ON AND AFTER 1 JULY 1999  


Subject to regulation 6.12 and to Subdivision 6.1.5 , the amount of a member's preserved benefits in a regulated superannuation fund at any time on or after 1 July 1999 is the amount of the member's total benefits in the fund less the sum of:


(a) the amount of the member's restricted non-preserved benefits in the fund as defined by regulation 6.08 ; and


(b) the amount of the member's unrestricted non-preserved benefits in the fund as defined by regulation 6.10 .




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