Superannuation Legislation Amendment Act (No. 2) 1999 (96 of 1999)

Schedule 1   Amendment of the Small Superannuation Accounts Act 1995

6   Section 62

Omit:

• The balance of an individual’s account may be withdrawn if the individual is in severe financial hardship.

substitute:

• The balance of an individual’s account may be withdrawn if the individual is in receipt of Commonwealth income support payments for a sufficient period.


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