Subject to regulations 4.12 and 4.14 and to Subdivision 4.1.5, the amount of the restricted non - preserved benefits of the holder of an RSA in the RSA at any time before 1 July 1999 is the amount of the RSA holder's benefits, less the sum of:
(a) the amount of the RSA holder's preserved benefits as defined by regulation 4.04; and
(b) the amount of the RSA holder's unrestricted non - preserved benefits as defined by regulation 4.13.