Superannuation Industry (Supervision) Regulations 1994

PART 6 - PAYMENT STANDARDS  

Division 6.5 - Compulsory rollover and transfer of superannuation benefits in regulated superannuation funds and approved deposit funds  

REGULATION 6.38   TRUSTEE'S OBLIGATIONS IF APRA SUSPENDS OR VARIES OBLIGATION TO ROLL OVER OR TRANSFER AMOUNTS  

6.38(1)   [Effect of suspension]  

If, under regulation 6.36 or 6.37 , APRA suspends a trustee's obligation to roll over or transfer amounts under regulation 6.34 , the trustee must not roll over or transfer an amount under regulation 6.34 for the period of the suspension.

6.38(2)   [Effect of variation]  

If, under regulation 6.36 or 6.37 , APRA varies a trustee's obligation to roll over or transfer amounts under regulation 6.34 , the trustee may roll over or transfer an amount under regulation 6.34 only in accordance with the variation.