Northern Territory Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT 2019 (NO 3 OF 2019) - SECT 52

(1)     Rule 13A(1)

omit

This rule

insert

Subrule (2)

(2)     Rule 13A(2)

omit, insert

    (2)     The Commissioner may crystallise the benefit by:

    (a)     calculating the amount of the employer-financed benefits due to the person as at the person's exit date; and

    (b)     causing that amount to be paid into an eligible rollover fund approved by the Commissioner under section 45DF of the Act as if the benefit were being paid.