6.03
CurrentPreserved benefits in regulated superannuation funds—on and after 1 July 1999
Volume 1Parts 1 to 14 (regulations 1.01 to 14.39)
Part 6Payment standards
Division 6.1Introductory
Subdivision 6.1.2Preserved benefits
6.03 Preserved benefits in regulated superannuation funds—on and after 1 July 1999
Subject to regulation 6.12 and to Subdivision 6.1.5, the amount of a member’s preserved benefits in a regulated superannuation fund at any time on or after 1 July 1999 is the amount of the member’s total benefits in the fund less the sum of:
(a)
the amount of the member’s restricted non‑preserved benefits in the fund as defined by regulation 6.08; and
(b)
the amount of the member’s unrestricted non‑preserved benefits in the fund as defined by regulation 6.10.
This Act’s bill:Explanatory statement
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