Commonwealth Consolidated Regulations

RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.01B

         (1)   This regulation applies to an RSA holder who is or was a temporary resident.

         (2)   This regulation does not apply to an RSA holder who:

                (a)    is an Australian citizen, a New Zealand citizen or a permanent resident; or

               (b)    is, at any time, the holder of a Subclass 405 (Investor Retirement) visa or a Subclass 410 (Retirement) visa described in Schedule 2 to the Migration Regulations 1994 .

         (3)   The only conditions of release that can be satisfied in respect of an RSA holder to whom this regulation applies are:

                (a)    a condition of release that was satisfied by the RSA holder before 1 April 2009; and

               (b)    the conditions of release in items 102, 102A, 103, 104, 104A, 108 and 112 of Schedule 2.