SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) REGULATIONS 1997 (REPEALED)
SCHEDULE 2
The present actuarial value of employer-provided retirement, death, disablement or any other risk benefits that accrued to the member for the financial year is to be worked out using:
(a) an actual accrual method; or
(b) if an eligible actuary considers that an actual accrual method is not appropriate in relation to the member for the year, a proportionate method.
10(2)
The method that is used must be used consistently and must be applied so that the full benefit would accrue to the member over the whole period of the member's membership.
METHOD FOR WORKING OUT AMOUNT OF SURCHARGEABLE CONTRIBUTIONS
(paragraph 2M(3)(a) )
Part 3 - Employer-provided benefits that accrued to member - A(f) and A(u) 10 Present actuarial value of employer-provided retirement, death, disablement and other risk benefits 10(1)The present actuarial value of employer-provided retirement, death, disablement or any other risk benefits that accrued to the member for the financial year is to be worked out using:
(a) an actual accrual method; or
(b) if an eligible actuary considers that an actual accrual method is not appropriate in relation to the member for the year, a proportionate method.
10(2)
The method that is used must be used consistently and must be applied so that the full benefit would accrue to the member over the whole period of the member's membership.
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