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Formal Consolidation |  1998 RevEd
Amount of moneys that may be transferred from member’s account
5.  Where a member wishes to transfer any moneys out of his account for the purposes of topping-up his parent’s or spouse’s retirement account, the amount that may be transferred out of his account for this purpose shall be that in excess of $100,000 in his total regrossed balance except that —
(a)an amount of not less than $24,000 shall remain in his ordinary and special accounts; and
(b)the amount transferred shall be from his ordinary account.
Informal Consolidation | Amended S 349/1998
Amount of moneys that may be transferred from member’s account
5.  Where a member wishes to transfer any moneys out of his account for the purposes of topping-up his parent’s or spouse’s retirement account, the amount that may be transferred out of his account for this purpose shall be that in excess of $110,000 in his total regrossed balance except that —
(a)an amount of not less than $32,000 shall remain in his ordinary and special accounts; and
(b)the amount transferred shall be from his ordinary account.