Am I allowed to reinstate the amount prematurely withdrawn and have the penalty refunded to my account?
No. You are not allowed to reinstate the amount withdrawn. Accordingly, the penalty imposed for the premature withdrawal will not be refunded.
Related questions
As a foreigner or PR, with a balance in my account deemed withdrawn, if I make an actual withdrawal, will it be subject to withholding tax?
If I have made a withdrawal from my SRS account, can I still make SRS contributions?
When can I make a withdrawal from my SRS account?
Does the use of SRS funds for investment constitute a withdrawal from the account?
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