Small Superannuation Accounts Act 1995

This section applies to an individual’s account if:

the individual gives the Commissioner of Taxation a request (the withdrawal request) for the withdrawal of the account balance; and

the individual satisfies the Commissioner of Taxation that before, on or after the commencement of this section, the individual:

was, under the Migration Act 1958, the holder of a temporary visa that has ceased to be in effect; and

left Australia after starting to be the holder of the visa (whether the visa ceased to be in effect before, when or after the person left); and

the individual satisfies the Commissioner of Taxation that the individual:

is not, under the Migration Act 1958, the holder of a permanent visa; and

is neither an Australian citizen nor a New Zealand citizen.

The withdrawal request must be:

in writing; and

in a form approved in writing by the Commissioner of Taxation.

The Commissioner of Taxation must pay to the individual an amount equal to the account balance immediately before the payment is made.

The Special Account is debited for the purposes of making the payment.

When the payment is made, the individual’s account is debited by the amount of the payment.