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1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 4.27
Circumstances in which benefits may be cashed in favour of persons other than RSA holders
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 the Commissioner for the
purposes of paragraph 15 (4) (d) of the Act; and
(b) the benefits are cashed only to the extent of that approval.
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