Document ID: chunk:federal_register_of_legislation:F2020C00740:reg:24d
Version: federal_register_of_legislation:F2020C00740
Segment Type: reg
Provision Reference: reg 24D
Character Range: 29936–30513

24D  Insurance premiums
 (1) The premium for permanent incapacity and death cover provided to an ADF Super member is the amount of premium specified in the permanent incapacity and death cover policy.
 (2) CSC must debit an amount equal to the amount of the premium from the ADF Super member's personal accumulation account.
 (3) However, subsection (2) does not apply if the amount of the premium is greater than the balance of the ADF Super member's personal accumulation account.

Part 2—Application of benefits

Division 1—Benefits on death of accumulation account‑holder