Commonwealth Consolidated Regulations

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RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4A.18

Request for lump sum payment

         (1)   This regulation applies if:

                (a)    the non‑member spouse has satisfied a relevant condition of release at the operative time for the payment split; or

               (b)    an allocated pension or market linked pension is being paid in respect of the original interest; or

                (c)    the non‑member spouse's interest derives from an original interest that comprises only unrestricted non‑preserved benefits.

         (2)   The non‑member spouse may request the RSA provider to pay to the non‑member spouse, as a lump sum, the amount to which the non‑member spouse is entitled under the payment split.



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