Superannuation Industry (Supervision) Regulations 1994
Subregulations 1.05(10) and 1.06(8)
PAYMENTS FOR MARKET LINKED INCOME STREAMS
SECTION 6. 6.If the commencement day of the pension or [ sic] annuity is a day other than 1 July - the appropriate factor set out in Column 3 of the Table must be applied proportionally to the number of days in the financial year that include and follow the commencement day in that financial year.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.