Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:26:p1
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 26 (pt 1/13)
Character Range: 571399–574113

26                                                                        Growth alternatives              37.5%           37.5%           25%

 (7) For the purposes of paragraphs (5)(a), (b) and (c), work out the adjusted index of a covered asset class for a quarter using the following formula, rounded to 10 decimal places (rounding up if the eleventh decimal place is 5 or more):
where:
ART means the assumed rate of tax for the quarter for the covered asset class.
fee means the assumed annual fee for the quarter for the covered asset class.
index means the index of the covered asset class for the quarter.

9AB.6  Meaning of lookback period
 (1) The lookback period for a Part 6A product in respect of a financial year means the period that:
 (a) starts on the later of the following:
 (i) the start of the first quarter in relation to which the trustee of the superannuation entity that offered the Part 6A product reported to APRA, in accordance with the applicable investment performance standard, a net investment return or gross investment return net of fees of the product;
 (ii) if the financial year is the 2020‑21 financial year—the 1 July that is 6 years before 1 July in the financial year;
 (iii) if the financial year is the 2021‑22 financial year—the 1 July that is 7 years before 1 July in the financial year;
 (iv) if the financial year is the 2022‑23 financial year—the 1 July that is 8 years before 1 July in the financial year;
 (v) if the financial year is the 2023‑24 financial year or a later financial year—the 1 July that is 9 years before 1 July in the financial year; and
 (b) ends on 30 June in the financial year.
Note: The lookback period will be 10 financial years, unless subparagraph (a)(i), (ii), (iii) or (iv) applies.
 (2) For the purposes of subparagraph (1)(a)(i), in determining the first quarter mentioned in that subparagraph, disregard a quarter if:
 (a) there was not, for the entire duration of the quarter, at least one beneficiary holding the Part 6A product; or
 (b) the superannuation entity was not, for the entire duration of the quarter, offering the Part 6A product as potentially generating returns.

9AB.7  Specified circumstances and provisions where multiple Part 6A products treated as one Part 6A product—subsection 60G(1) of Act
 (1) For the purposes of subsection 60G(1) of the Act, subregulations (2) and (3) of this regulation specify:
 (a) a kind of circumstances; and
 (b) provisions of Part 6A of the Act in relation to that kind of circumstances.
Note: Subsection 60G(2) of the Act provides that in those kinds of circumstances, for the purposes of those provisions, 2 or more Part 6A products are treated as being one Part 6A product.
 (2)