OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)
PART II
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SUPERANNUATION FUNDS
Division 1
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General
REGULATION 7
7
VESTING STANDARD: FUNDS ESTABLISHED ON OR AFTER CERTAIN DATES
For the purposes of subsection 7(1) of the Act, the following standard is prescribed in relation to the vesting in members of benefits arising directly or indirectly from amounts contributed to a private sector fund established on or after 1 July 1986 or a public sector fund established on or after 1 July 1990, namely, in respect of the total amount of member-financed benefits accruing to a member from the day on which a superannuation fund is established, the benefits shall vest in that member on the day on which the benefits accrue.
View history note
Hide history noteFor the purposes of subsection 7(1) of the Act, the following standard is prescribed in relation to the vesting in members of benefits arising directly or indirectly from amounts contributed to a private sector fund established on or after 1 July 1986 or a public sector fund established on or after 1 July 1990, namely, in respect of the total amount of member-financed benefits accruing to a member from the day on which a superannuation fund is established, the benefits shall vest in that member on the day on which the benefits accrue.
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