Small Superannuation Accounts Act 1995
This section applies to an individual's account if:
(a) the individual has died; and
(b) the individual's legal personal representative gives the Commissioner of Taxation a request (the ``withdrawal request'' ) for the withdrawal of the account balance. 68(2) Form of withdrawal request.
The withdrawal request must be:
(a) in writing; and
(b) in a form approved in writing by the Commissioner of Taxation. 68(3) Compliance with withdrawal request.
The Commissioner of Taxation must pay to the legal personal representative an amount equal to the account balance immediately before the payment is made.
68(4)Special Account to be debited. The Special Account is debited for the purposes of making the payment.
View history note
Hide history note68(5) Individual's account to be debited.
When the payment is made, the individual's account is debited by the amount of the payment.
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