Retirement Savings Accounts Regulations 1997
View history note
Hide history noteThis regulation applies if, to give effect to a request under regulation 4A.08 , the RSA provider pays to the non-member spouse, as a lump sum, the withdrawal benefit from the non-member spouse interest.
4A.14(2) [Timing]The RSA provider must pay the lump sum within:
(a) 30 days after receiving the request under regulation 4A.08 ; or
(b) any longer period allowed by the Regulator.
The RSA provider must give to the non-member spouse, within 28 days after the lump sum is paid, a written notice stating:
(a) that the lump sum has been paid; and
(b) the amount that was paid.
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