South Australian Consolidated Acts South Australian Consolidated Acts (1) The Board will, on
the application of a person who is entitled to a pension (other than a
temporary disability pension or an eligible child's pension), commute a
pension, or a proportion of a pension, to a lump sum payment.
(2) The right of
commutation is subject to the qualifications prescribed by regulation.
(3) In the commutation
of a pension, commutation factors promulgated by regulation will be applied.
(4) The amount of a
commutation factor fixed under subsection (3) may reflect the loss of the
benefit provided by section 38(4)(a) or section 47(3) as a result of
the commutation of the pension or a proportion of the pension.