5FCircumstances in which a conversion election revoked or may not be made

#### 5F Circumstances in which a conversion election revoked or may not be made 5F Circumstances in which a conversion election revoked or may not be made > > (1) If a benefit is paid or becomes payable or is deferred or preserved in respect of a contributor under this Act before the conversion date for the contributor— > > > > > (a) the contributor is not eligible to make a conversion election, and > > > > > (b) if the contributor has made a conversion election, the election is taken to be revoked. > > > (2) This section does not apply in respect of a gratuity paid or payable under section 12D to a contributor. > > **s 5F:** Ins 1998 No 144, Sch 1.2 \[2\]. Subst 1999 No 6, Sch 1.3 \[3\].