21MRoll over or transfer of preserved benefit

21M Roll over or transfer of preserved benefit S. 21M(1) amended by No. 37/2007 s. 13(2). (1) If a benefit under this Part is required by the specified standards to be preserved and a participating employer has certified in writing to the Board in accordance with section 21B(8), the member entitled to the benefit is entitled to have the amount of preserved benefit rolled over or transferred within the superannuation system and may apply to the Board to do so. S. 21M(2) substituted by No. 37/2007 s. 13(3). (2) Subject to section 27, the Board must roll over or transfer that amount within the superannuation system. S. 21N inserted by No. 82/1996 s. 11.