New Zealand Superannuation and Retirement Income Act 2001

  • This version was replaced on 18 December 2017 to make corrections to sections 32(1)(b) and 43 under section 25(1)(k) of the Legislation Act 2012.
  • Previous title has changed

Withdrawals from Fund

47 Withdrawals from Fund after 2020


If the required annual capital contribution is less than zero, the Minister may require a capital withdrawal to be made from the Fund up to that amount and paid into a Crown Bank Account.


However, no capital withdrawal is allowed from the Fund in any financial year commencing before 1 July 2020.

Section 47(1): amended, on 25 January 2005, pursuant to section 65R(3) of the Public Finance Act 1989 (1989 No 44).