Document ID: chunk:federal_register_of_legislation:F2008L02863:body:0:p9
Version: federal_register_of_legislation:F2008L02863
Segment Type: other
Provision Reference: 
Character Range: 21626–24522

7.4.3A to, or for the benefit of, that child, or collectively to, or for the benefit of, those children.  There is no option to convert the lump sum to a pension."

    4.32 Rule 7.4.6 is replaced with the following Rule:

    "7.4.6  Where a deceased preserved benefit member is not survived by a spouse but is survived by an eligible child or children and/or a partially dependent child or children, a lump sum of the preserved benefit plus the superannuation guarantee additional amount (if any) that is applicable in respect of the deceased preserved benefit member is payable to, or for the benefit of, that child or collectively to, or for the benefit of, those children.  The Board may apportion that lump sum between two or more such children who are not living together.  There is no option to convert the lump sum to a pension."

4.33 Rule 7.4.7 is replaced with the following Rule:

    "7.4.7 If a deceased preserved benefit member is not survived by a spouse or children eligible for benefits, including partially dependent children, the Board may pay the preserved benefit plus the superannuation guarantee additional amount (if any) that is applicable in respect of the deceased preserved benefit member to:
         (a) any child or children of the deceased preserved benefit member who would otherwise be ineligible for benefits, in such proportions as are determined by the Board; or

         (b) the legal personal representative of the deceased preserved benefit member.

    If, after making reasonable enquiries, the Board is unable to find the legal personal representative of a deceased preserved benefit member the Board may pay the preserved benefit plus the superannuation guarantee additional amount (if any) that is applicable in respect of the deceased preserved benefit member to an individual or apportion it between two or more individuals."

    4.34 Rule 8.1.1 is amended by deleting existing paragraph (f) and substituting the following new paragraph (f):

         "(f) the date the administrators of an eligible superannuation scheme agree to accept the amount to be transferred as a result of a choice exercised under Rule 6.8.7; or"

    4.35 Rule 8.2.1 is amended by deleting existing paragraph (B) and substituting the following new paragraph (B):

         "(B) to be paid a lump sum of the preserved benefit plus the superannuation guarantee additional amount (if any) that is applicable to the preserved benefit member."

    4.36 Rule 8.2.2 is amended by deleting existing paragraph (b) and substituting the following new paragraph (b):

         "(b) to be paid a lump sum of his/her preserved benefit plus the superannuation guarantee additional amount (if any) that is applicable to the preserved benefit member."

4.37 Rule 8.2.4 is replaced with the following Rule:

    "8.2.4  A preserved benefit member whose preserved