Commonwealth Consolidated Regulations

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RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.20A

Payment and commutation of pension in breach of standards

                If an RSA provider provides a pension under rules which meet the standards of subregulation 1.07 (3A), the RSA provider must not:

                (a)    pay the pension in a way that does not meet the standards of that subregulation; or

               (b)    allow the pension to be commuted except in accordance with that subregulation.



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