Document ID: chunk:federal_register_of_legislation:F2025L00178:clause:4_4:p3
Version: federal_register_of_legislation:F2025L00178
Segment Type: clause
Provision Reference: sch 4 cl 4 (pt 3/3)
Character Range: 500066–500914

member credit at that date.
 (5) For the purposes of subparagraphs (4)(a)(iv) and (d)(iv), the total member credit at the second valuation date includes:
 (a) any amount payable under an earlier payment split that applies in respect of the interest; and
 (b) the amount of any surcharge debt of the member spouse in respect of the interest.
 (6) In this clause:
total member credit, in relation to a superannuation interest of a member spouse and a date, means the total amount that would be standing to the credit of the member spouse in respect of the interest if the benefit in respect of the interest were fully vested at that date.
valuation date, in relation to a superannuation interest to which a member information statement applies, means the date as at which the total member credit in respect of the interest is stated in the statement.