Retirement Savings Accounts Regulations 1997

PART 4 - PAYMENT STANDARDS  

Division 4.1 - Introductory  

Subdivision 4.1.3 - Restricted non-preserved benefits  

REGULATION 4.09  

4.09   RESTRICTED NON-PRESERVED BENEFITS - BEFORE 1 JULY 1999  

Subject to regulations 4.12 and 4.14 and to Subdivision 4.1.5 , the amount of the restricted non-preserved benefits of the holder of an RSA in the RSA at any time before 1 July 1999 is the amount of the RSA holder's benefits, less the sum of:

(a) the amount of the RSA holder's preserved benefits as defined by regulation 4.04 ; and

(b) the amount of the RSA holder's unrestricted non-preserved benefits as defined by regulation 4.13 .