Request for rollover or transfer of withdrawal benefit
6.33 Request for rollover or transfer of withdrawal benefit
A member of a regulated superannuation fund or approved deposit fund (the transferring fund) may request, in writing, that the whole or a part of the member’s withdrawal benefit in the transferring fund be rolled over or transferred to any of the following (the receiving fund):
a regulated superannuation fund;
an approved deposit fund;
an RSA provider.
A member may also request that his or her withdrawal benefit be rolled over or transferred to an EPSSS.
The member:
may make the request to the transferring fund or the receiving fund; and
if the request is to rollover or transfer an amount that is the whole of the member’s withdrawal benefit—may use the approved form to make the request.
This Act’s bill:Explanatory statement
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