Retirement Savings Accounts Regulations (Amendment) (Cth)

Statutory Rules 1997No. 151 1

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Retirement Savings Accounts Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Retirement Savings Accounts

Act 1997.

Dated 25 June 1997.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

C. R. KEMP

Assistant Treasurer

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1.   Commencement

1.1   These Regulations commence on 1 July 1997.

2.   Amendment

2.1   The Retirement Savings Accounts Regulations are amended as set out in these Regulations.

3.   Regulation 4.01 (Interpretation)

3.1   Subregulation 4.01 (2) (definition of “permanent departure from Australia”):

• Omit the definition. 

4.   Schedule 2 (Conditions of release and cashing restrictions—preserved benefits and restricted non-preserved benefits)

4.1   Omit item 104.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 26 June 1997.

2. Statutory Rules 1997 No. 116 as amended by 1997 No. 150.