Superannuation Industry (Supervision) Amendment Regulations 2004 (No. 6) (153 of 2004)
Schedule 1 Amendments commencing on gazettal
[25] Subregulation 7A.04 (2)
substitute
(2) This Division does not apply to an accumulation interest:
(a) if:
(i) the interest is a partially vested accumulation interest; and
(ii) the transferable benefits in relation to the accumulation interest would be greater than the withdrawal benefit in relation to the member spouse; or
(b) if the interest is determined by reference to a policy of life insurance mentioned in regulation 5.15D.
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