Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT 1992 No. 187, 1992 - SECT 25

25. Section 110R of the Principal Act is amended:
(a) by inserting in paragraph (4)(c) "aggregate" after "amount of the";
(b) by inserting in paragraph (4)(d) "aggregate" after "amount of the";
(c) by inserting in paragraph (4A)(c) after "amount of the";
(d) by inserting in paragraph (4A)(d) "aggregate" after "amount of the";

   (e)  by omitting paragraph (7)(b) and substituting the following paragraph:

"(b) either:

        (i)    the Commissioner is satisfied that the person intends to leave
               Australia permanently; or

        (ii)   the Insurance and Superannuation Commissioner has approved the
               payment of the benefit;";

   (f)  by adding at the end the following subsection:

"(9) For the purposes of subsections (4) and (4A), the aggregate benefit, in
relation to a person, is the total of the following amounts:

   (a)  the amount of superannuation guarantee top-up benefit payable to the
        person;

   (b)  the amount of the accumulated employer contributions in respect of the
        person;

   (c)  any amount of a kind preserved or applied under subsection 128(4A)."