Document ID: chunk:federal_register_of_legislation:F2025L00178:reg:112:p2
Version: federal_register_of_legislation:F2025L00178
Segment Type: reg
Provision Reference: reg 112 (pt 2/2)
Character Range: 258098–260448

that each of the components of the superannuation lump sum would have had under Subdivision 307‑C of that Act; and
 (iii) the value that each of the elements of the taxable component would have had under Subdivision 307‑E of that Act (if applicable); and
 (g) a statement:
 (i) indicating whether the Minister has approved, under section 70, a method or factors for determining the gross value of the interest; and
 (ii) giving details of any method or factors so approved; and
 (h) if the application for information specifically requests the trustee to provide it and the trustee chooses to do so—the gross value of the interest at the appropriate date, determined in accordance with:
 (i) whichever of the methods in Division 2 of Part 6 applies to the interest; or
 (ii) a method or factors approved by the Minister under section 70.
Note: The trustee is not required to provide the information mentioned in paragraph (a) or subparagraph (c)(i) unless a record of it is in the trustee's possession, power or control (see paragraph 116(1)(b)).
 (2) If:
 (a) paragraph (1)(h) applies to the application for information about the superannuation interest; and
 (b) the trustee, in response to the application:
 (i) provides the gross value of the interest at the appropriate date, determined in accordance with a method or factors approved by the Minister under section 70; but
 (ii) does not provide sufficient information to enable the applicant to check whether that gross value of the interest has been correctly determined in accordance with the approved method or factors; and
 (c) the applicant makes a further application that complies with subsection 90XZB(3) or 90YZR(3) of the Act for specific underlying valuation information for the interest;
then, for the purposes of subsection 90XZB(3) or 90YZR(3) of the Act, that specific underlying valuation information is information that must be provided by the trustee in response to the further application within a reasonable time.
Note: For paragraph (c), section 90XZB or 90YZR of the Act does not prevent the applicant from making further applications, that comply with that section, for information about the superannuation interest.
 (3) Subsection 140(2) applies to specific underlying valuation information provided by the trustee to the applicant under subsection (2) of this section.