Document ID: chunk:federal_register_of_legislation:F2025L00178:reg:59
Version: federal_register_of_legislation:F2025L00178
Segment Type: reg
Provision Reference: reg 59
Character Range: 138733–139639

59  Gross value—the superannuation interest is a defined benefit interest, the benefit in respect of which is a defined benefit amount less another amount
 (1) This section applies for the superannuation interest if item 2 of the table in section 51 applies for the interest.
 (2) The gross value of the superannuation interest at the relevant date is the difference between:
 (a) the gross value of the defined benefit interest at the relevant date, as determined under section 52; and
 (b) the value at the relevant date of the other amount (see item 2 of the table in section 51).
 (3) For the purposes of paragraph (2)(b), if:
 (a) the other amount is in respect of a superannuation interest; and
 (b) this Division provides a method for determining an amount in relation to that kind of interest;
the value of the other amount at the relevant date is to be determined in accordance with that method.