Commonwealth Numbered Regulations

1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 3.02

3.02. An RSA provider has the power, despite anything in the terms and
conditions of an RSA, to protect the benefits of an RSA holder to a greater
degree than is required by this Part, if the RSA provider does so in a way
that is consistent with this Part. [NOTE: For example, an RSA provider might
choose to protect the benefits of all RSA holders with withdrawal benefits
less than $1,500, rather than all protected RSA holders (ie, broadly, RSA
holders with withdrawal benefits less than $1,000) as this Part requires.

"Protected RSA holder" is defined in regulation 1.03.]