Document ID: chunk:federal_register_of_legislation:C2004A05281:clause:98_2
Version: federal_register_of_legislation:C2004A05281
Segment Type: clause
Provision Reference: sch 98 cl 2
Character Range: 77575–78623

2  At the end of section 4
Add:
 (3) In determining, for the purposes of subsection (1), the amount by which benefits that become payable for the benefit of a member are to be reduced, the tTrustee is to have regard to the following:
 (a) the amount by which the surcharge debt account kept by the trustee for the member is in debit when those benefits become payable;
 (b) the value of the employer‑financed component of those benefits;
 (c) the value of the benefits that, for the purpose of working out (under the Superannuation Contributions Tax (Assessment and Collection) Act 1997) the notional surchargeable contributions factors applicable to the member, were assumed to be likely to be payable to the member on his or her becoming entitled to them;
 (d) whether the member has or had qualified for his or her maximum benefit entitlement under the scheme;
 (e) any other matter that the tTrustee considers relevant.

[Minister's second reading speech made in—
House of Representatives on 2 October 1997
Senate on 22 October 1997]

(185/97)