Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies if a trustee has decided to reduce a member's benefits in connection with payment of a superannuation contributions surcharge or an advance instalment of surcharge.
(2) In reducing the member's benefits, the trustee must:
(a) if possible--deduct an amount equal to the whole of the amount of the reduction from the preserved benefits; and
(b) if the required deduction cannot be met under paragraph (a)--deduct the balance from the restricted non - preserved benefits; and
(c) if the required deduction cannot be met under paragraphs (a) and (b)--deduct the balance from the unrestricted non - preserved benefits.