Document ID: chunk:federal_register_of_legislation:F2021C00237:reg:7:p32
Version: federal_register_of_legislation:F2021C00237
Segment Type: reg
Provision Reference: reg 7 (pt 32/46)
Character Range: 122128–125030

amounts credited to the personal accumulation account of the PSSAP member under Rule 5.1.5 less the total of the amounts debited to the personal accumulation account under Rule 5.1.6.
 5.1.5 If any or all of the following amounts are paid to the PSSAP Fund in respect of a PSSAP member, the amounts must be credited to the person's personal accumulation account:
           (a) basic employer contributions;
           (b) any additional employer contributions;
           (c) employee contributions that have been paid by the PSSAP member;
           (d) eligible spouse contributions accepted by CSC under Part 2 of the Rules paid on behalf of the PSSAP member;
           (da) any income protection superannuation contribution amount paid under Rule 2.3.4A;
           (e) the interest credited (if any) in respect of fund earnings on the person's accumulation amount as decided by CSC under Rule 5.2.1;
           (f) any amount paid by an insurance company to CSC in respect of the person in response to a claim against a life policy unless the amount is an amount referred to in Rule 3.4.3;
           (g) any transfer amounts;
           (h) any amount credited to the person's personal accumulation account under Rule 7.2.2;
           (i) amount of any tax offset as determined by CSC;
           (j) any amount credited to the person's personal accumulation account under Rule 3.6.8;
           (k) any amount paid to CSC under Rule 2.4A.1.
 5.1.6 If any or all of the following amounts are paid from the PSSAP Fund or are payable by or in respect of a PSSAP member the amounts must be debited from the person's personal accumulation account:
           (a) income tax as determined by CSC;
           (b) any insurance premium payable under Rule 4.1.6 and 4.3.5 paid from the person's accumulation amount;
           (c) the interest debited (if any) in respect of fund losses on the person's accumulation amount as decided by CSC under Rule 5.2.1;
           (d) any benefit paid to or in respect of the PSSAP member from their accumulation amount including any benefit paid as a roll‑over or transfer;
           (e) any fees, costs and expenses paid from the person's personal accumulation account under Rule 5.4.3 and Rule 2.5.1;
           (f) any surcharge payable by CSC under Rule 5.3.1 in respect of the PSSAP member;
           (g) any benefit paid to or in respect of the PSSAP member from their accumulation amount under Rule 3.1.1(g);
           (h) any amount paid under Rule 3.1.21 in respect of an application made by a PSSAP member under Rule 3.1.1(j);
           (i) any amount paid in respect of the PSSAP member under Rule 3.1.11A.

Division 2  Crediting of fund earnings and debiting of fund losses

   Crediting of earnings and debiting of expenses and losses

 5.2.1 CSC may determine the amounts to be credited or debited to a person's personal accumulation account