Document ID: chunk:federal_register_of_legislation:F2024C00555:reg:8
Version: federal_register_of_legislation:F2024C00555
Segment Type: reg
Provision Reference: reg 8
Character Range: 11280–11929

8  Early release payments for severe financial hardship
 (1) This section applies to the person if the person would be in severe financial hardship for the purposes of Schedule 1 to the SIS Regulations if the modifications in subsection (2) were made.
 (2) Treat subregulations 6.01(5) and (5A) of the SIS Regulations as if:
 (a) each reference in subregulation 6.01(5) to the trustee of a superannuation entity were a reference to the Trust; and
 (b) the application referred to in those subregulations were instead an application to the Trust for a determination under subsection 22DI(1) of the Act because of the ground set out in this section.