Document ID: chunk:federal_register_of_legislation:F2025L00178:clause:4_3:p3
Version: federal_register_of_legislation:F2025L00178
Segment Type: clause
Provision Reference: sch 4 cl 3 (pt 3/4)
Character Range: 492489–494995

and
 (ii) the value of the actual vested benefit in respect of the interest at the first valuation date is the value of the interest stated in the first statement; and
 (iii) the second valuation date is the valuation date stated in the second statement; and
 (iv) the value of the actual vested benefit in respect of the interest at the second valuation date is the value of the interest stated in the second statement; and
 (c) if, in relation to the interest, evidence of the contents of one member information statement only is before the court in the relevant proceeding, and the relevant date is before the valuation date stated in that statement:
 (i) the first valuation date is the date when the interest was acquired by the member spouse; and
 (ii) the value of the actual vested benefit in respect of the interest at the first valuation date is the value of the interest at that date; and
 (iii) the second valuation date is the valuation date stated in the statement; and
 (iv) the value of the actual vested benefit in respect of the interest at the second valuation date is the value of the interest stated in the statement; and
 (d) in any other case:
 (i) the first valuation date is the date when the interest was acquired by the member spouse; and
 (ii) the value of the actual vested benefit in respect 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 actual vested benefit in respect of the interest at the second valuation date is the value of the interest at that date.
 (7) For the purposes of subparagraphs (6)(a)(iv) and (d)(iv), the value of the actual vested benefit in respect of the interest 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.
 (8) For the purposes of this clause, a reference to the value of the interest stated in a statement:
 (a) is a reference to the value stated in the statement, however that value is described (for example, the member's account balance, share in the plan, or withdrawal benefit); and
 (b) if 2 or more values are stated in the statement, is taken to be a reference to the value of the benefits (before any taxes or other charges