Superannuation Legislation Amendment Act (No. 2) 1999 (96 of 1999)
Schedule 1 Amendment of the Small Superannuation Accounts Act 1995
2 Section 14
Omit:
Financial hardship
• Under section 64, the balance of the account may be withdrawn and paid to the individual if the individual is in severe financial hardship.
substitute:
Receipt of Commonwealth income support payments
• Under section 64, the balance of the account may be withdrawn and paid to the individual if the individual is in receipt of Commonwealth income support payments for a sufficient period.
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