Document ID: chunk:federal_register_of_legislation:C2025C00161:front:0:p2
Version: federal_register_of_legislation:C2025C00161
Segment Type: other
Provision Reference: 
Character Range: 2696–5794

balances
20 Notification of opening balance
21 Individual may request details of account balance
22 Annual notification of account balance
23 Notification when account balance reaches $1,200
Part 4—Deposits
24 Simplified outline
25 Deposits
26 Deposit to be accompanied by deposit form
27 Deposit to be made by employer or former employer
28 Deposit to be instead of superannuation contributions
29 Deposit to be consistent with other laws etc.
30 Age limit
31 Consequences of false declarations etc.
33 Deposit not held on trust etc.
Part 5—Crediting of deposits
34 Simplified outline
35 Crediting of deposits
Part 6—Crediting of interest
Division 1—Simplified outline
36 Simplified outline
Division 2—Gross interest amount and net interest amount
37 Simplified outline
38 Gross interest amount
39 Net interest amount
Division 3—Funding of interest
40 Simplified outline
41 Crediting of net interest amount to the Special Account
42 Unallocated Interest Pool
43 Supplementation of Unallocated Interest Pool
44 Debiting of unallocated interest
Division 4—Allocation day and allocation rate
45 Simplified outline
46 Gazettal of allocation day and allocation rate
47 Calculation of the allocation rate
Division 5—Crediting of interest
48 Simplified outline
49 Accrual of interest on first $1,200 of daily balance
50 Rate of accrual, and crediting, of interest
51 Rounding up
Division 6—Interest not to accrue in certain cases
52 Simplified outline
53 Interest does not accrue on refunded deposits
54 Interest does not accrue on shortfall components incorrectly credited to accounts
55 Amalgamated accounts—no interest if $1,200 limit avoided
Part 7—Withdrawal of account balances
Division 1—Simplified outline
56 Simplified outline
Division 2—No withdrawals for 14 days after deposit credited to account etc.
57 Simplified outline
58 No withdrawals for 14 days after deposit credited to account etc.
59 No withdrawals for 14 days after shortfall component credited to account
Division 3—Timing of withdrawals
60 Timing of withdrawals
Division 4—Transfer of account balances to RSAs and superannuation funds
61 Transfer to RSA or superannuation fund
61A Commissioner may transfer account balance to RSA or superannuation fund
Division 5—Direct withdrawals of account balances by individuals
62 Simplified outline
63 Withdrawal of account balance of less than $200, where individual has ceased to be employed by depositor etc.
64 Withdrawal of account balance—receipt of Commonwealth income support payments
65 Withdrawal of account balance—retirement on grounds of disability
65A Withdrawal of account balance—terminal medical condition
66 Withdrawal of account balance—individual turns 65
67 Withdrawal of account balance—individual not an Australian resident
67A Withdrawal of account balance—former temporary resident
Division 6—Withdrawals of account balances after death
68 Withdrawal of account balance—death of individual
Division 7—Notification of refusal of requests
69 Notification of refusal of requests
Division 8—Recovery of account balances
70 Recovery of account balances
Part 8—Refunds