Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (81 of 2016)
Schedule 11 Dictionary
Income Tax Assessment Act 1997
3 At the end of section 307-205
Add:
(2) The accumulation phase value of an individual's *superannuation interest, at a particular time when the interest is not in the *retirement phase, is:
(a) if the regulations specify that value or a method for determining that value - that value; or
(b) otherwise - the total amount of the *superannuation benefits that would become payable if the individual voluntarily caused the interest to cease at that time.
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