This legislation has been repealed.
(1) This clause applies to the release of a benefit to a contributor or former contributor on the ground of severe financial hardship or on compassionate grounds during the transitional period if:(a) the release was not inconsistent with section 12F or 12G of the Act, as inserted by the Superannuation Legislation Amendment Act 2000 , and(b) STC obtained the written consent of the contributor or former contributor to the reduction of benefits as a consequence of the early release.
(2) Clauses 13A, 13B and 13D apply in respect of a release of benefit to which this clause applies in the same way as they apply to a release of benefit after the commencement of those clauses.
(3) In this clause:
"transitional period" means the period commencing on the date of assent to the Superannuation Legislation Amendment Act 2000 and ending on the commencement of sections 12F and 12G of the Act, as inserted by that Act.