Public Sector Superannuation Reform Regulations 2017
135Transfer of benefit to RSA or complying superannuation scheme
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135 Transfer of benefit to RSA or complying superannuation scheme
(1) The Commission must transfer a member’s benefit to an RSA or a complying superannuation scheme –
(a) if at any time a member so elects; or
(b) without the consent of the member, if it is otherwise lawful to so transfer a member’s benefit without the consent of the member.
(2) A transfer under this regulation may only occur if regulated superannuation funds are permitted under the SIS Act to make such a transfer in similar circumstances.
(3) If a member makes an election under this regulation but remains in service, the Commission must determine the appropriate amount to be transferred in the circumstances.
(4) A transfer of a benefit under this regulation satisfies the member’s entitlement to any benefit in respect of the amount transferred and the Commission may declare that it satisfies the member’s entitlement in full.
(5) The Commission is not responsible for the manner in which the trustee of another fund to which a benefit is transferred under this regulation deals with the benefit.