Document ID: chunk:federal_register_of_legislation:F2024C00260:clause:1_1
Version: federal_register_of_legislation:F2024C00260
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 1922050–1922792

1     The component of an interest that a person who has resigned has as a new scheme member in the superannuation scheme established by the SS Act, being the component consisting of the deferred benefit under paragraph 58 (1) (b) of the SS Act.                                                                                                                                                                                                                       The amount of the lump sum to which the person would be entitled if he or she were to convert the deferred benefit to which he or she is entitled under paragraph 58 (1) (b) of the SS Act to a present lump sum under subsection 58 (4) of that Act, adjusted as required by the SS Act.