Payment on death of contributor to Provident Account without dependants
84 Payment on death of contributor to Provident Account without dependants
Where:
a contributor to the Provident Account dies before retirement; and
an amount is not payable under this Act upon his or her death to the widow or widower of the contributor or to any child;
there shall be paid to the personal representatives of the contributor, or, if there are no such personal representatives, to such persons, if any, as the Board determines, an amount equal to the amount of the contributions paid by the contributor to the Provident Account together with compound interest on the amount of those contributions at the prescribed rate.
This section does not apply in respect of a contributor to the Provident Account who dies on or after 1 July 1976.
On and after 1 July 1976, the reference in subsection (1) to the Board shall be read as including a reference to the Commissioner for Superannuation.
This provision refers to the regulations (prescribed rate
). Made under this Act:
- Superannuation (Family Law—Superannuation Act 1922) Orders 2004 · Legislative Instrument · under s 93DE (1)
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