Commonwealth Consolidated Regulations

RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4.27

    The benefits of an RSA holder may be cashed in favour of a person other than the RSA holder if:

  (a)   the cashing is approved in writing by APRA for the purposes of paragraph   15(4)(d) of the Act; and

  (b)   the benefits are cashed only to the extent of that approval.