Coronavirus Economic Response Package Omnibus Act 2020 (22 of 2020)

Schedule 13   Early release of superannuation

Superannuation Industry (Supervision) Regulations 1994

11   In the appropriate position in Part 1 of Schedule 1 (table)

Insert:

107A

The Regulator has determined under subregulation 6.19B(3) (about coronavirus) that a specified amount of benefits in the regulated superannuation fund may be released on a compassionate ground

A single lump sum, not exceeding the amount determined, in writing, by the Regulator in relation to the fund