109

Compassionate ground

A single lump sum, not exceeding an amount determined, in writing, by APRA, being an amount that:

(a) taking account of the ground and of the person’s financial capacity, is reasonably required; and

(b) in the case of the ground mentioned in paragraph 4.22A (1) (b) - in each 12 month period (beginning on the date of first payment), does not exceed an amount equal to the sum of:

(i) 3 months’ repayments; and

(ii) 12 months’ interest on the outstanding balance of the loan.

110

Attaining preservation age

One or more of the following:

(a) a non-commutable allocated annuity within the meaning of Part 6 of the SIS Regulations;

(b) a non-commutable allocated pension;

(c) a non-commutable annuity within the meaning of Part 6 of the SIS Regulations;

(d) a non-commutable pension

112

Either:

(a) a person gives a release authority to a superannuation provider under subsection 292-410 (1) of the Income Tax Assessment Act 1997; or

Restrictions contained in subsections 292-415 (1) and (2) of the Income Tax Assessment Act 1997

(b) the Commissioner of Taxation gives a release authority to a superannuation provider under subsection 292-410 (4) of the Income Tax Assessment Act 1997

113

A person gives a transitional release authority to a superannuation provider under section 292-80B of the Income Tax (Transitional Provisions) Act 1997

Restrictions contained in subsections 292-80C (1) and (2) of the Income Tax (Transitional Provisions) Act 1997

114

Any other condition, if expressed to be a condition of release, in an approval under paragraph 15 (4) (d) of the Act

Restrictions expressed in the approval to be cashing restrictions applying to the condition of release