Military Superannuation and Benefits Trust Deed
11RSuspension of allocations
Start here
Get a plain-English read of 11R
Turn the raw legal text into a practical explanation grounded in Military Superannuation and Benefits Trust Deed.
11R Suspension of allocations
(1) CSC may suspend the allocation to an Investment Division of contributions made to the Fund for a period if, during the period: (a) because of an event that is beyond the control of CSC, CSC is unable to calculate the unit value for the Investment Division; or (b) CSC is satisfied on reasonable grounds that it is in the interests of members to suspend the allocation. (2) If CSC suspends the allocation of contributions for a period under subrule (1), CSC must allocate the contributions on the first day after the period ends.