Superannuation Legislation Amendment (Broadening Contribution Rules) Regulations 2022 (F2022L01286)
Schedule 1 Amendments
Retirement Savings Accounts Regulations 1997
1 Subregulation 5.03(1) (table)
Repeal the table, substitute:
|
Acceptance of contributions |
||
|---|---|---|
|
Item |
If an R SA holder: |
then the RSA institution may accept contributions made in respect of the RSA holder that are: |
|
1 |
is less than 55 years |
(a) employer contributions; or (b) RSA holder contributions. |
|
2 |
is between 55 and 74 years |
(a) employer contributions; or (b) RSA holder contributions. |
|
3 |
is 75 years or older |
(a) mandated employer contributions; or (b) downsizer contributions. |
Note: For table item 2, RSA holder contributions include downsizer contributions.
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