Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) In addition to any requirements in the Superannuation Industry (Supervision) Regulations 1994 , the amount of an early release lump sum paid to or for the benefit of a person at a particular time must not exceed:
(a) for a lump sum paid under subsection 79B(1)--the person's available early release amount at that time; and
(b) for a lump sum paid under subsection 79B(1A)--the person's available early release authority amount at that time.
Payment to be made to or for the benefit of a person
(2) Despite section 112 of this Act (payments from the Consolidated Revenue Fund), an early release lump sum that is payable to or for the benefit of a person must be paid out of the Superannuation Fund to or for the benefit of the person.
Benefit does not become payable
(3) For the purposes of this Act, merely because an early release lump sum becomes payable to or for the benefit of a person does not mean a benefit to which the person is entitled under this Act becomes payable.