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SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 5.02C Refund of costs

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 5.02C

Refund of costs

  (1)   The trustee of a regulated superannuation fund or approved deposit fund may refund, to a member's benefits in the fund, costs charged against the member's benefits.

  (2)   In determining the amount of refund to be credited, the trustee must ensure that the total amount to be refunded is distributed in a fair and reasonable manner to all the members of the fund against whom the costs were charged.