CTHIn ForceLegislation
Military Superannuation and Benefits Trust Deed
11LDivision or consolidation of units
Start here
Get a plain-English read of 11L
Turn the raw legal text into a practical explanation grounded in Military Superannuation and Benefits Trust Deed.
11L Division or consolidation of units
(1) CSC may decide to divide or consolidate the units in an Investment Division. (2) If CSC decides to divide or consolidate units, CSC must: (a) give each unitised member with units in the Investment Division notice of the division or consolidation; and (b) ensure that the member’s member funded account, member unfunded account and employer funded account are amended as appropriate to reflect the consolidation or division.