Commonwealth Consolidated Regulations

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 6.22B

    A member's benefits in a regulated superannuation fund may be cashed in favour of a person other than the member if:

  (a)   the cashing is expressly permitted by the Regulator in a written approval for the purposes of subparagraph   62(1)(b)(v) of the Act; and

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