Document ID: chunk:federal_register_of_legislation:C2022C00273:section:20f:p2
Version: federal_register_of_legislation:C2022C00273
Segment Type: section
Provision Reference: s 20F (pt 2/3)
Character Range: 70462–73163

and
 (b) if the person has actually died, the amount (if any) that has been paid from the fund in respect of the person because of the person's death; and
 (c) the amount (if any) of the person's superannuation interest that supports a superannuation income stream (within the meaning of regulations made for the purposes of the Income Tax Assessment Act 1997); and
 (d) the amount (if any) worked out in accordance with the regulations made for the purposes of this paragraph.
Work out the amounts described in paragraphs (a), (b), (c) and (d) as at the calculation time.
 (4) For the purposes of subsections (2) and (3):
 (a) disregard Subdivision 12‑FA in Schedule 1 to the Taxation Administration Act 1953; and
 (b) take account only of the person's entitlement to payment remaining after any reduction by a payment split under:
 (i) Part VIIIB of the Family Law Act 1975 (disregarding subsection 90XB(3) of that Act); or
 (ii) Part VIIIC of the Family Law Act 1975 (disregarding subsection 90YC(3) of that Act).
Note 1: Subdivision 12‑FA in Schedule 1 to the Taxation Administration Act 1953 is about withholding amounts from departing Australia superannuation payments.
Note 2: Part VIIIB of the Family Law Act 1975 is about splitting amounts payable in respect of a superannuation interest between the parties to a marriage. Subsection 90XB(3) of that Act provides that the Part has effect subject to this Act.
Note 3: Part VIIIC of the Family Law Act 1975 is about splitting amounts payable in respect of a superannuation interest between de facto partners in a de facto relationship in Western Australia. Subsection 90YC(3) of that Act provides that the Part has effect subject to this Act.

Regulations for the purposes of paragraph (1)(c)
 (4A) Regulations for the purposes of paragraph (1)(c) may provide for a day to be identified by the Commissioner or the Australian Prudential Regulation Authority. This does not limit the provision that the regulations may make for identification of a day for those purposes.

Exception for eligible rollover fund amounts
 (4B) This section does not require the superannuation provider to pay to the Commissioner an amount payable to the Commissioner in respect of an eligible rollover fund member under section 21C.

General interest charge on late payment
 (5) If any of the amount the superannuation provider must pay under subsection (1) remains unpaid after it is due and payable, the superannuation provider is liable to pay general interest charge on the unpaid amount for each day in the period that:
 (a) starts at the time it is due and payable; and
 (b) ends at the end of the last day on which either of the following remains unpaid:
 (i)