Commonwealth Numbered Regulations

1994 No. 57 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS - REG 6.02

6.02. (1) Subject to regulations 6.04 and 6.12 and to Subdivision 6.1.5, the
amount of a member's preserved benefits in a regulated superannuation fund at
any time during the period commencing on the commencement day and ending
immediately before the changeover day is the amount required to be preserved
under the OSS laws as applied in accordance with subregulation (2).

(2) For the purposes of subregulation (1), despite the repeal of sections of
the Occupational Superannuation Standards Act 1987 by the Occupational 
Superannuation Standards Amendment Act 1993 , the OSS laws are taken to have
continued in force on and after the commencement day, subject to the
modifications set out in Schedule 2, in relation to regulated superannuation
funds as if the references in the OSS laws (as so modified) to superannuation
funds were references to regulated superannuation funds within the meaning of
these Regulations.