Retirement Savings Accounts Regulations 1997

PART 4 - PAYMENT STANDARDS  

Division 4.4 - Rollover and transfer of benefits  

[ NOTE:

See also Parts 8 and 9 of the Act.]

REGULATION 4.32  

4.32   ROLLOVER  


Except as otherwise provided by the Act, the Corporations Act 2001 , the Corporations Regulations 2001 or these Regulations, the benefits of an RSA holder in an RSA must not be rolled over from that RSA unless:


(a) the RSA holder has given to the RSA provider the RSA holder's consent to the rollover; or


(b) the RSA provider believes, on reasonable grounds, that:


(i) the RSA institution providing the RSA; or

(ii) the trustee of the superannuation entity or EPSSS;
into which the benefits are to be rolled over has received, from the RSA holder, consent to the rollover.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.