Superannuation Industry (Supervision) Amendment Regulations 2004 (No. 6) (153 of 2004)

Schedule 1   Amendments commencing on gazettal

[20]   Subregulation 7A.03G (3)

substitute

(3) If subparagraph (2) (b) (i) applies in relation to a request, the trustee must:

(a) retain the new interest in accordance with the request; or

(b) roll over or transfer the withdrawal benefits to:

(i) another regulated superannuation fund, approved deposit fund, EPSSS or RSA nominated by the non-member spouse; or

(ii) an eligible rollover fund.

(3A) If subparagraph (2) (b) (ii), or paragraph (2) (c), applies in relation to a request, the trustee must roll over or transfer the withdrawal benefits to:

(a) another regulated superannuation fund, approved deposit fund, EPSSS or RSA nominated by the non-member spouse; or

(b) an eligible rollover fund.