Small Superannuation Accounts Act 1995

PART 5 - CREDITING OF DEPOSITS  

SECTION 35   CREDITING OF DEPOSITS  

35(1)   Step 1 - Credit to Special Account.  

An amount equal to a deposit or purported deposit made in respect of an individual is to be credited to the Special Account.

35(2)   Step 2 - Credit to individual's account.  

As soon as practicable after the amount is credited to the Special Account, the individual's account is to be credited with an amount equal to the deposit or purported deposit.


 

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