Document ID: chunk:federal_register_of_legislation:C2025C00185:section:200g:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 200G (pt 2/2)
Character Range: 613691–615344

corporate during the relevant period, worked out as if:
 (i) the relevant period were 3 years; and
 (ii) the person's annual base salary for the third year were a reasonable estimate of what the person would have received as base salary after the second year of the relevant period had the relevant period been 3 years; or
 (e) if the relevant period is 3 years or more—the average annual base salary that the person received from the company and related bodies corporate during the last 3 years of the relevant period.
 (4) In determining for the purposes of paragraph (1)(c) the value of a pension or lump sum payment, disregard any part of the pension or lump sum payment that is attributable to:
 (a) a contribution made by the person; or
 (b) a contribution made by a person other than:
 (i) the company; or
 (ii) a body corporate (a relevant body corporate) that is a related body corporate of the company, or that was, when the contribution was made, such a related body corporate; or
 (iii) an associate of the company, or of a relevant body corporate, in respect of:
 (A) the payment of the pension, or the making of the lump sum payment, as the case may be; or
 (B) the making of the contribution.
 (6) In this section:
payment means a payment by way of pension or lump sum and includes a superannuation, retiring allowance, superannuation gratuity or similar payment.
relevant period: if a person has held a managerial or executive office in the company or a related body corporate:
 (a) throughout a period; or
 (b) throughout a number of periods;
the relevant period for that person is that period or the period consisting of those periods.