Military Superannuation and Benefits Trust Deed
11ZCPayment of benefits
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11ZC Payment of benefits
(1) This rule applies if a person requests CSC to withdraw some or all of the units that are held in an Investment Division, or Investment Divisions, for the benefit of the person to make a payment of a benefit that is payable under these Rules in relation to the person. (2) The withdrawal price of the units is: (a) if the request is received by CSC after the day on which the person ceases to be a member—the withdrawal price of the units for the day when CSC receives the application; and (b) if the request is received by CSC before the end of the day on which the person ceases to be a member—the withdrawal price of the units for the day after the person ceases to be a member. (3) However, CSC may: (a) refuse the request if it would be contrary to a law of the Commonwealth, a State or a Territory to act in accordance with the request; or (b) suspend the withdrawal of units in accordance with rule 11ZD.