Document ID: chunk:federal_register_of_legislation:C2004A01197:clause:1_31
Version: federal_register_of_legislation:C2004A01197
Segment Type: clause
Provision Reference: sch 1 cl 31
Character Range: 12000–13081

31  Paragraph 15(6A)(b)
Repeal the paragraph, substitute:
 (b) the total of the following amounts:
 (i) 15% of the employer‑financed component of any part of the value of the age retirement benefits of the member when the fund ceased to be a constitutionally protected superannuation fund that accrued between 20 August 1996 and 1 July 2003;
 (ii) 14.5% of the employer‑financed component of any part of the value of the age retirement benefits of the member when the fund ceased to be a constitutionally protected superannuation fund that accrued in the 2003‑2004 financial year;
 (iii) 13.5% of the employer‑financed component of any part of the value of the age retirement benefits of the member when the fund ceased to be a constitutionally protected superannuation fund that accrued in the 2004‑2005 financial year;
 (iv) 12.5% of the employer‑financed component of any part of the value of the age retirement benefits of the member when the fund ceased to be a constitutionally protected superannuation fund that accrued after 30 June 2005.

Part 3—Application provisions