Payment of refund of contributions or of lump sum payment to CSC in discharge of liability under the Superannuation Act 1990
61A Payment of refund of contributions or of lump sum payment to CSC in discharge of liability under the Superannuation Act 1990
Where:
the liability of a person to make contributions under the Superannuation (1990) Scheme has been deferred under Rule 3.1.17 of the Rules for the administration of the Superannuation (1990) Scheme; and
because of the retirement or death of the person, the amount of the deferred contributions has become payable; and
the whole or any part of the amount so payable has not been paid; and
benefit has become payable to or in respect of the person under subsection 32(2) or section 48 or 56 of this Act;
the amount of the benefit so payable must, to the extent that it does not exceed the amount of the deferred contributions payable, be paid to CSC and, upon being so paid, the amount of the deferred contributions payable is, to the extent of that payment, taken to have been paid to CSC under Rule 3.1.17 of the Rules for the administration of the Superannuation (1990) Scheme.
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