Retirement Savings Accounts Amendment Regulations 2009 (No. 1) (14 of 2009)
Schedule 1 Amendments commencing on day after registration
[20] Schedule 2, item 104
substitute
|
104 |
Former temporary resident to whom regulation 4.23A applies, requesting in writing the release of his or her benefits |
Amount that is at least the amount of the temporary resident's withdrawal benefit in the RSA, paid: (a) as a single lump sum; or |
|
(b) if the RSA provider receives any combination of contributions, transfers and rollovers after cashing the benefits - in a way that ensures that the amount is cashed |
||
|
104A |
The RSA provider is required to pay an amount to the Commissioner of Taxation under the Superannuation (Unclaimed Money and Lost Members) Act 1999 for the person's interest in the RSA |
Amount that the RSA provider is required to pay to the Commissioner of Taxation under the Superannuation (Unclaimed Money and Lost Members) Act 1999 for the person's interest in the RSA, paid as a lump sum to the Commissioner |