Superannuation Industry (Supervision) Regulations (Amendment) 1998 (83 of 1998)

17.   Regulation 6.25 (Compulsory cashing of benefits in approved deposit funds)

17.1 Subregulation 6.25 (2):

Omit the subregulation, substitute:

" (2) The form in which benefits may be cashed under this regulation is, in respect of each person to whom benefits are cashed:

(a) a single lump sum; or

(b) an interim lump sum (not exceeding the amount of the benefits ascertained at the date of an event mentioned in subregulation (1)) and a final lump sum (not exceeding the balance of the benefits as finally ascertained in relation to the event).".