Income Tax Assessment Regulations 1997 (Repealed)

SCHEDULE 1A  

(subregulations 292-170.02(2) , 292-170.05(2) and (3) and 292-170.06(2) and (3))

METHOD OF WORKING OUT AMOUNT OF NOTIONAL TAXED CONTRIBUTIONS

PART 3 - VALUATION PARAMETERS  

3.7   Exit rates  

3.7(1)    
The table sets out the rates of voluntary exit from the fund that are to be assumed.

Age Band	Exit rate
< 40	0.05
40-44	0.04
45-49	0.04
50-54	0.04
55-59	0.08
60	0.12
61-64	0.10
65	1.00

3.7(2)    
The rate of involuntary exit (including by redundancy, death or invalidity) to be assumed is zero.