Reg 3.09A omitted by SR No 21 of 2002, reg 3 and Sch 1 item 28, effective 11 March 2002. Reg 3.09A formerly read:
REGULATION 3.09A SPECIFIED CIRCUMSTANCES FOR ISSUE OF SUPERANNUATION INTERESTS (ACT, S 153(1)(d))
3.09A(1)
For paragraph
153(1)(d)
of the Act, the following circumstances are specified:
(a)
that the interest is issued by the trustee of the public offer entity, as trustee of a successor fund, in relation to the transfer of benefits to the fund;
(b)
that:
(i)
the interest is issued by the trustee of the public offer entity in relation to the payment of benefits to the entity from an EPSSS in accordance with an application made under the provisions of section
243
of the Act as applied by subregulation (2) (
the applied provisions
); and
(ii)
if the application is the first application under the applied provisions made to the trustee of the public offer entity by the trustee of the EPSSS on behalf of any person
-
the application is an eligible application.
3.09A(2)
For subparagraph (1)(b)(i), the provisions of section
243
of the Act apply to a payment of benefits from an EPSSS to a public offer entity as if, in that section:
(a)
a reference to the transferor fund were a reference to that EPSSS; and
(b)
a reference to an eligible rollover fund were a reference to that public offer entity.
Reg 3.09A substituted by SR No 14 of 1999 and inserted by SR No 159 of 1995.
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