Small Superannuation Accounts Act 1995

PART 6 - CREDITING OF INTEREST  

Division 3 - Funding of interest  

SECTION 43   SUPPLEMENTATION OF UNALLOCATED INTEREST POOL  

43(1)   When section applies.  

This section applies if the Finance Minister is satisfied that:


(a) the balance of the Unallocated Interest Pool is nil; or


(b) the balance of the Unallocated Interest Pool is, or is likely to be, insufficient to meet the requirements of the Unallocated Interest Pool.

43(2)   Supplementation.  

The Finance Minister may determine that the Unallocated Interest Pool is to be supplemented by a specified amount.

43(3)   Crediting of the supplementation amount.  

The specified amount is to be credited to the Special Account.

43(4)   Credit to Unallocated Interest Pool.  

The Unallocated Interest Pool is to be credited by the specified amount.




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