Superannuation Industry (Supervision) Regulations 1994

PART 7A - SUPERANNUATION INTERESTS SUBJECT TO PAYMENT SPLIT  

Division 7A.2 - Options available for certain superannuation interests  

REGULATION 7A.07   REQUEST FOR LUMP SUM PAYMENT  

7A.07(1)   [Application]  

This regulation applies:


(a) if a non-member spouse has satisfied a relevant condition of release at the operative time for the payment split; or


(b) if an allocated pension, market linked pension or account-based pension is being paid in respect of the original interest; or


(c) if the non-member spouse ' s interest derives from an original interest that comprises only unrestricted non-preserved benefits.

7A.07(2)   [Enablement of request]  

The non-member spouse may request the trustee to pay to the non-member spouse, as a lump sum, the amount to which the non-member spouse is entitled under the payment split.

7A.07(3)  


(Repealed by No 153 of 2004)

 

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