Superannuation Industry (Supervision) Regulations 1994
This regulation applies if, on or after 1 July 1999, the amount of a negative investment return for a period after 30 June 1999 to be debited against a member's benefits is more than the amount of the member's preserved benefits.
6.16A(2) [Order of debiting]The negative investment return must be debited in the following order:
(a) first, against the member's preserved benefits; and
(b) second, against the member's restricted non-preserved benefits; and
(c) third (if required), against the member's unrestricted non-preserved benefits.
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