Document ID: chunk:federal_register_of_legislation:C2025C00161:section:59
Version: federal_register_of_legislation:C2025C00161
Segment Type: section
Provision Reference: s 59
Character Range: 50686–51299

59  No withdrawals for 14 days after shortfall component credited to account

When section applies
 (1) This section applies to an individual's account if:
 (a) an amount was credited to the account under section 65 of the Superannuation Guarantee (Administration) Act 1992 at a particular time (the credit time); and
 (b) a request under this Part is made during the period of 14 days beginning at the credit time.

Request frozen for 14 days
 (2) The request has no effect at any time during that 14‑day period.
Note: This gives the Commissioner a chance to correct mistakes.

Division 3—Timing of withdrawals