Document ID: chunk:federal_register_of_legislation:F2024C01224:front:0:p44
Version: federal_register_of_legislation:F2024C01224
Segment Type: other
Provision Reference: 
Character Range: 111843–114496

payment;
 (iii) special benefit; or
 (c) the person is eligible to receive youth allowance under the Social Security Act 1991 (other than on the basis that the person is undertaking full‑time study or is a new apprentice); or
 (d) the person is eligible to receive farm household allowance under the Farm Household Support Act 2014; or
 (e) on or after 1 January 2020 the person was made redundant, or their working hours were reduced by 20% or more (including to zero); or
 (f) for a person who is a sole trader—on or after 1 January 2020 the person's business was suspended or suffered a reduction in turnover of 20% or more.
 (1B) For the purposes of subparagraph (1)(b)(i), this subregulation covers the person if:
 (a) the person is the holder of a student visa; or
 (b) the person is the holder of any of the following visas, as mentioned in the Migration Regulations 1994:
 (i) a Subclass 457 (Temporary Work (Skilled)) visa;
 (ii) a Subclass 482 (Temporary Skill Shortage) visa; or
 (c) the person is a temporary resident, and is not the holder of a visa mentioned in paragraph (a) or (b).
 (1C) For the purposes of subparagraph (1)(b)(ii), this subregulation applies in respect of the person if:
 (a) in a case where paragraph (1B)(a) applies:
 (i) the person has held a student visa for 12 months or more; and
 (ii) the person is unable to meet his or her immediate living expenses; or
 (b) in a case where paragraph (1B)(b) applies:
 (i) the person is employed; and
 (ii) the person is unable to meet his or her immediate living expenses; or
 (c) in a case where paragraph (1B)(c) applies—the person is unable to meet his or her immediate living expenses.
 (2) A person may make one or more applications under subregulation (1) as follows:
 (a) one in the financial year ending 30 June 2020; and
 (b) in a case where paragraph (1)(a) applies—one in the financial year ending 30 June 2021.
However, no application may be made after 31 December 2020.
 (3) The Regulator must determine, in writing, that the person has satisfied, for the purposes of subregulation 4.21(1) or 4.22(1), the condition of release on a compassionate ground if the Regulator has not already made a determination under this regulation or regulation 6.19B of the Superannuation Industry (Supervision) Regulations 1994 in relation to the person in respect of an application made by the person in the financial year.
 (4) For the purposes of subregulation (3), treat a revoked determination as not having been made.
 (5) A determination under this regulation must specify the RSA or RSAs and the amount of the preserved benefits, or restricted non‑preserved benefits, that