Document ID: chunk:federal_register_of_legislation:C2024C00651:section:22cj
Version: federal_register_of_legislation:C2024C00651
Segment Type: section
Provision Reference: s 22CJ
Character Range: 164848–165508

22CJ  Operative time during payment phase—reduction of standard allowance or annuity
 (1) If, at the operative time, standard allowance or annuity is payable in respect of the original interest, then the annual rate of that allowance or annuity is reduced to the amount calculated under the Orders.
 (2) A reduction under subsection (1) is to be disregarded in calculating the amount of any non‑standard annuity that later becomes payable.
Note: For example, the reduction will be disregarded in calculating the amount of annuity payable under section 19AA in respect of a child of the member spouse after the member spouse's death.

Division 4—Miscellaneous