Document ID: chunk:federal_register_of_legislation:C2018C00085:clause:4_13
Version: federal_register_of_legislation:C2018C00085
Segment Type: clause
Provision Reference: sch 4 cl 13
Character Range: 80181–80752

13  At the end of section 307‑210
Add:

Tax free component reduces if a benefit is paid
 (2) If a *superannuation benefit is paid from the *superannuation interest:
 (a) the *crystallised segment of the interest is reduced (but not below zero) by an amount equal to the *tax free component of the benefit; and
 (b) if any of that amount remains, the *contributions segment of the interest is reduced (but not below zero) by that remaining amount.
Note: This has the effect of reducing the interest's tax free component by the amount of the benefit's tax free component.