Commonwealth Consolidated Regulations

RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.33

                Except as otherwise provided by the Act, the Corporations Act 2001 , the Corporations Regulations 2001 or these Regulations, the benefits of an RSA holder in an RSA must not be transferred from that RSA unless:

                (a)    the RSA holder has given to the RSA provider the RSA holder's consent to the transfer; or

               (b)    the RSA provider believes, on reasonable grounds, that:

                          (i)    the RSA institution providing the RSA; or

                         (ii)    the trustee of the superannuation entity or EPSSS;

                        into which the benefits are to be transferred, has received, from the RSA holder, consent to the transfer.