Document ID: chunk:federal_register_of_legislation:F2025L00178:reg:54:p3
Version: federal_register_of_legislation:F2025L00178
Segment Type: reg
Provision Reference: reg 54 (pt 3/3)
Character Range: 132746–134406

when the interest was acquired by the member spouse; and
 (ii) the value of the interest at the first valuation date is the value of the interest at that date; and
 (iii) the second valuation date is a date after the relevant date that is within 28 days before the date when the valuation of the interest is being carried out; and
 (iv) the value of the interest at the second valuation date is the value of the interest, including all related valuation amounts (see subsection (5)) for the interest, at that date.
 (5) In this section:
related valuation amount, for a superannuation interest at a particular date, means:
 (a) any amount payable under an earlier payment split that applies in respect of the interest; or
 (b) the amount of any surcharge debt, at that date, of the member spouse in respect of the interest.
valuation date, for a superannuation interest to which a member information statement for the member spouse applies, means the date as at which the value of the interest is stated in the statement.
value, of a superannuation interest stated in a member information statement for the member spouse, means:
 (a) the value stated in the statement (however that value is described); or
 (b) if 2 or more such values are stated in the statement—the value of the benefits (before any taxes or other charges have been deducted) that would have been payable in respect of the interest if the member spouse had voluntarily ceased to be a member of the plan at the date at which the value is stated.
Note: A value could be described, for example, as the member's account balance, the member's share in the plan, or the member's withdrawal benefit.