Document ID: chunk:federal_register_of_legislation:C2024C00866:section:52ze
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 52ZE
Character Range: 820180–821255

52ZE  Need for a request to later nominate or change nominated amount or rate of pension
 (1) A person who is participating in the pension loans scheme and who wants to:
 (a) nominate an amount to be the nominated amount for the purposes of this Subdivision; or
 (b) nominate a rate of pension for the purposes of subparagraph 52ZB(1A)(a)(ii) or (b)(ii); or
 (c) change the nominated amount earlier specified; or
 (d) change the rate of the pension earlier specified;
must make a request that specifies the nomination or change (as the case may be).
 (1A) Paragraphs (1)(a) and (c) do not apply if subparagraph 52ZA(1)(e)(ii) or (2)(e)(ii) applied to the person when the person made his or her request to participate in the pension loans scheme.
 (2) A request under subsection (1) must be signed:
 (a) if the person is not a member of a couple—by the person; or
 (b) if the person is a member of a couple—by both members of the couple.
 (3) The request must:
 (a) be in writing; and
 (b) be lodged at an office of the Department in Australia in accordance with section 5T.