Small Superannuation Accounts Act 1995
PART 6
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CREDITING OF INTEREST
Division 6
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Interest not to accrue in certain cases
SECTION 52
52
SIMPLIFIED OUTLINE
The following is a simplified outline of this Division:
•
Interest will not accrue to an account in the following cases:
(a) a deposit is refunded;
(b) a shortfall component is incorrectly credited to the account;
(c) the $1,200 limit has been avoided by the use of multiple accounts.
The following is a simplified outline of this Division:
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