Retirement Savings Accounts Regulations 1997
SCHEDULE 4
If, in the final year of the pension, after payment of the amount determined under clause 1 , there is a residual balance in the account - payment of the account balance must be made within 28 days after: (a) the end of the term of the pension; or (b) if a period is chosen under clause 7 - the end of that period.
Paragraph 1.07(3A)(b)
Sch 4, inserted by SR No 147 of 2004, reg 3 and Sch 3 item 12, is not effective until 20 September 2004.
PAYMENTS FOR MARKET LINKED PENSIONS
SECTION 3. 3.If, in the final year of the pension, after payment of the amount determined under clause 1 , there is a residual balance in the account - payment of the account balance must be made within 28 days after: (a) the end of the term of the pension; or (b) if a period is chosen under clause 7 - the end of that period.
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