Commonwealth Numbered Regulations

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1997 No. 117 SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS (AMENDMENT) - REG 43

43. Regulation 6.16 (Redistribution of member benefits within a fund in certain circumstances by operation of governing rules or action of trustee) 
43.1 Subregulation 6.16 (2): Omit the subregulation, substitute:

"(2) For the purposes of this Part, the governing rules of a fund, or the
trustee of a fund, may alter the category of any of a member's benefits in the
fund but not so as to:

   (a)  decrease the amount of the member's preserved benefits in the fund; or

   (b)  increase the amount of the member's unrestricted non-preserved
        benefits in the fund.".

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