Commonwealth Consolidated Regulations

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OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS - REG 5AB

Standards: payment of benefits

         (1)   For the purposes of subsection 7 (1) of the Act, the standards in subregulation (2) are prescribed.

         (2)   The rights of members of a superannuation fund and their dependants to receive benefits from the fund:

                (a)    must be set out in the governing rules of the fund; and

               (b)    must be fully secured.



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