45Debits from personal accumulation account

45 Debits from personal accumulation account

The following amounts are to be debited from a personal accumulation account kept for a person: (a) any benefit paid to or in respect of the person from his or her personal accumulation account, including any benefit paid as a rollover or transfer; (ab) any amount required by section 24D to be debited (insurance premiums); (b) any amount determined by CSC under section 50 in respect of losses on investment of the balance of the amount; (c) the amount of any fee, cost or expense determined by CSC under section 52 to be payable from the account; (d) any amount of income tax paid or payable by CSC from the ADF Super Fund that is determined by CSC to be attributable to the account; (e) any other amount determined by CSC consistently with Part 7A of the SIS Regulations because the superannuation interest to which the account relates is subject to a payment split under Part VIIIB of the Family Law Act 1975; (f) any amount required by section 62 to be debited (to correct a mistake).

Note: If the person is an ADF Super member, an amount transferred to the member’s pension account for an account‑based pension will be covered by paragraph (a).