SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 6.36 Suspension or variation of obligation to roll over or transfer amounts by APRA
SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 6.36
Suspension or variation of obligation to roll over or transfer amounts by APRA(1) This regulation applies if APRA believes, on reasonable grounds, that a rollover or transfer of an amount by the trustee of a regulated superannuation fund or approved deposit fund under regulation 6.34 would have a significant adverse effect on:
(a) the financial position of the fund; or
(b) the interests of other members of the fund.
(2) APRA may, by notice in writing to the trustee, suspend or vary an obligation of the trustee under regulation 6.34.
(3) A suspension or variation under subregulation (2)
applies for the period specified by APRA in the notice.