Document ID: chunk:federal_register_of_legislation:C2024C00866:section:52zk
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 52ZK
Character Range: 830160–830959

52ZK  Person withdraws from pension loans scheme
 (1) If a person who is participating in the pension loans scheme makes a request to withdraw from the scheme, the scheme ceases to operate in relation to the person on the day on which the request is lodged.
Note: For repayment or recovery of the debt owed by the person, see sections 52ZG and 52ZKA.
 (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.
 (4) A request lodged in accordance with section 5T is taken to have been made on a day determined under that section.