Commonwealth Consolidated Regulations

RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.05

                Subject to regulation 4.14 and to Subdivision 4.1.5, the amount of the preserved benefits of the holder of an RSA in the RSA at any time on or after 1 July 1999 is the amount of the RSA holder's benefits less the sum of:

                (a)    the amount of the RSA holder's restricted non‑preserved benefits as defined by regulation 4.10; and

               (b)    the amount of the RSA holder's unrestricted non‑preserved benefits as defined by regulation 4.13.