Income Tax Assessment Act 1997

Part 3-30 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable to the 2007-2008 income year and later years.

Div 307 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable on and after 1 July 2007.

Subdiv 307-D inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable on and after 1 July 2007.

S 307-205(1) amended by No 8 of 2026, s 3 and Sch 2 item 1, by omitting " (1) " , effective 1 April 2026 and applicable in relation to working out what your total superannuation balance is, or what the total superannuation balance value of a superannuation interest is, at a particular time if that time occurs: (a) just before 1 July 2026; or (b) on or after 1 July 2026.

S 307-205 amended by No 81 of 2016, s 3 and Sch 11 item 2, by inserting " (1) " before " The value " , effective 1 January 2017 and applicable in a provision of an Act, regulation or instrument in the same way as that provision applies.

S 307-205(2) repealed by No 8 of 2026, s 3 and Sch 2 item 2, effective 1 April 2026 and applicable in relation to working out what your total superannuation balance is, or what the total superannuation balance value of a superannuation interest is, at a particular time if that time occurs: (a) just before 1 July 2026; or (b) on or after 1 July 2026. S 307-205(2) formerly read:

307-205(2)
The accumulation phase value of an individual ' s * superannuation interest, at a particular time when the interest is not in the * retirement phase, is:
(a) if the regulations specify that value or a method for determining that value - that value; or
(b) otherwise - the total amount of the * superannuation benefits that would become payable if the individual voluntarily caused the interest to cease at that time.

S 307-205(2) inserted by No 81 of 2016, s 3 and Sch 11 item 3, effective 1 January 2017 and applicable in a provision of an Act, regulation or instrument in the same way as that provision applies.

S 307-205 inserted by No 9 of 2007 , s 3 and Sch 1 item 1, applicable on and after 1 July 2007.