Commonwealth Consolidated Regulations

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RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.27

When benefits may be cashed in favour of persons other than RSA holders

                The benefits of an RSA holder may be cashed in favour of a person other than the RSA holder if:

                (a)    the cashing is approved in writing by APRA for the purposes of paragraph 15 (4) (d) of the Act; and

               (b)    the benefits are cashed only to the extent of that approval.


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