NSWIn ForceRegulation
State Authorities Superannuation (Transitional Provisions) Regulation 1988
37Debiting of accounts
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37 Debiting of accounts
37 Debiting of accounts
Whenever the Board pays a benefit in accordance with clause 36 (minimum benefit for qualified transferred contributors), the Board shall—
(a) debit the Additional Benefit Reserve Fund with the amount of the additional benefit which would have been payable if an additional benefit had been paid under the Act, and
(b) debit the remainder to the appropriate employer reserve.