Superannuation Industry (Supervision) Regulations 1994
SCHEDULE 7
For the determination of the minimum total payment in the year in which the commencement day of the annuity or pension occurs, if that day is a day other than 1 July, the applicable value specified 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.
(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 3 3For the determination of the minimum total payment in the year in which the commencement day of the annuity or pension occurs, if that day is a day other than 1 July, the applicable value specified 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.
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