Document ID: chunk:federal_register_of_legislation:C2022C00264:clause:11_112:p3
Version: federal_register_of_legislation:C2022C00264
Segment Type: clause
Provision Reference: sch 11 cl 112 (pt 3/3)
Character Range: 457307–458332

and benefit (if any) under subsection 110TA(1) dies and there is no beneficiary to whom a pension and benefit (if any) are payable in respect of the person, an amount equal to the person's Fund accumulated employer contributions (if any) must be paid out of the Superannuation Fund to the Commonwealth.
 (10C) Where a person who has postponed payment of a pension under subsection 110TA(2) dies and a benefit by way of a lump sum benefit equal to the person's accumulated contributions becomes payable in respect of the person out of the Superannuation Fund, the person's Fund accumulated employer contributions (if any) must be paid out of the Superannuation Fund to the Commonwealth.
 (10D) To avoid doubt, if an early release lump sum (within the meaning of section 79A) has been paid to or for the benefit of a person, then the amount payable out of the Superannuation Fund to the Commonwealth under this section is reduced by the person's early release deduction amount (within the meaning of that section) at that time.