Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-30
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SUPERANNUATION
Division 307
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Key concepts relating to superannuation benefits
Subdivision 307-D
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Superannuation interests
SECTION 307-205
Value
of superannuation interest
307-205(1)
The value of a *superannuation interest at a particular time is:
(a) if the regulations specify a method for determining the value of the superannuation interest - that value; or
(b) otherwise - the total amount of all the *superannuation lump sums that could be payable from the interest at that time.
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.
View history note
Hide history noteThe value of a *superannuation interest at a particular time is:
(a) if the regulations specify a method for determining the value of the superannuation interest - that value; or
(b) otherwise - the total amount of all the *superannuation lump sums that could be payable from the interest at that time.
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.
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