Pt 5A repealed by SLI No 89 of 2007, reg 3 and Sch 1 item 4, effective 1 July 2007.

Pt 5A inserted by SR No 461 of 1994.

Div 2 repealed by SLI No 89 of 2007, reg 3 and Sch 1 item 4, effective 1 July 2007.

Reg 53D repealed by SLI No 89 of 2007, reg 3 and Sch 1 item 4, effective 1 July 2007. Reg 53D formerly read:

REGULATION 53D REASONABLE BENEFIT LIMIT WHERE RECIPIENT MEMBER OF CERTAIN FUND ON 15 AUGUST 1989  
53D
Where:

(a) the Commissioner is to make a determination under section 140R or 140T of the Act in relation to a superannuation pension that:

(i) has commenced to be paid to a person; and

(ii) is payable under rules that meet the pension and annuity standards; and

(b) the pension is payable by a superannuation fund of which the person was a member on l5 August 1989;

the amount of the person's transitional lump sum RBL or transitional pension RBL is the greater of:

(c) the amount of the person's transitional lump sum RBL or transitional pension RBL, worked out in accordance with subregulation 53B(2) ;

and:

(d) the capital value of the pension under the governing rules of the fund as at l5 August 1989.

Reg 53D inserted by SR No 461 of 1994.