Superannuation Industry (Supervision) Regulations 1994

SCHEDULE 7  

(paragraph 1.05(11A)(a) , subparagraph 1.05(11A)(b)(i) , paragraph 1.06(9A)(a) , subparagraph 1.06(9A)(b)(i) and regulation 1.07D )

MINIMUM PAYMENT AMOUNT FOR A SUPERANNUATION INCOME STREAM

SECTION 5  

5    
An amount determined under this Schedule is to be rounded to the nearest 10 whole dollars. If the amount ends in an exact 5 dollars, it is to be rounded up to the next 10 whole dollars.

TABLE

Item	Age of Beneficiary	Percentage factor
1	Under 65	4
2	65 - 74	5
3	75 - 79	6
4	80 - 84	7
5	85 - 89	9
6	90 - 94	11
7	95 or more	14