Western Australian Consolidated Acts

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SUPERANNUATION AND FAMILY BENEFITS ACT 1938 - SECT 48

48 .         Lump sum payments in redemption of future contributions

        (1)         The Board may accept lump sum payments to redeem forthwith all future contributions which would be payable fortnightly under this Act by a contributor.

        (2)         The amount of the lump sum payment to be made under this section shall be determined by the Board which may allow any discount or other allowance it thinks fit.

        [Section 48 8 inserted by No. 43 of 1939 s.11.]


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