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.