Document ID: chunk:federal_register_of_legislation:C2025C00029:section:9:p6
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 9 (pt 6/7)
Character Range: 4782171–4785244

superannuation income stream that had not commenced before the time the commutation happened—just before the time the commutation happened;
 (d) despite paragraphs (a) and (b), if:
 (i) the superannuation benefit is an *involuntary roll‑over superannuation benefit paid from a superannuation interest; and
 (ii) that interest was supporting a superannuation income stream immediately before that benefit was paid;
  when that superannuation income stream commenced.
 (4) Subsection (2) does not apply to a *superannuation benefit if any of the following applies:
 (a) the regulations specify an alternative method for determining those components of the benefit;
 (b) a determination under subsection (5) specifies an alternative method for determining those components of the benefit;
 (c) the Commissioner consents in writing to the use of another method for determining those components of the benefit.
If so, use that method to determine those components of the benefit.
 (5) For the purposes of paragraph (4)(b), the Commissioner may determine, by legislative instrument, one or more alternative methods for determining those components of a *superannuation benefit.
 (6) If the *superannuation benefit is an *unclaimed money payment or a *small superannuation account payment, for the purposes of this section:
 (a) treat the benefit as a superannuation benefit paid from a *superannuation interest; and
 (b) treat the amount of the benefit as the *value of that superannuation interest just before the time the benefit is paid.

307‑130  Superannuation guarantee payment consists entirely of taxable component
  The components of a *superannuation benefit that is a *superannuation guarantee payment are as follows:
 (a) the *tax free component is nil;
 (b) the *taxable component is the amount of the benefit.

307‑133  PPL superannuation contribution payment
  The components of a *superannuation benefit that is a *PPL superannuation contribution payment are as follows:
 (a) the *tax free component is nil;
 (b) the *taxable component is the amount of the benefit.

307‑135  Superannuation co‑contribution benefit payment consists entirely of tax free component
  The components of a *superannuation benefit that is a *superannuation co‑contribution benefit payment are as follows:
 (a) the *tax free component is the amount of the benefit;
 (b) the *taxable component is nil.

307‑140  Contributions‑splitting superannuation benefit consists entirely of taxable component
  The components of a *superannuation benefit that is a *contributions‑splitting superannuation benefit are as follows:
 (a) the *tax free component is nil;
 (b) the *taxable component is the amount of the benefit.

307‑142  Components of certain unclaimed money payments

Preliminary
 (1) This section explains how to work out the *tax free component, and the *taxable component, of a *superannuation benefit that is a payment by the Commissioner under subsection 17(2), (2AB) or (2AC), 20H(2), (2AA), (2A) or (3), 20QF(2), (5) or (6), 21E(2), (5) or (6), 22B(2), (5) or (6), 24G(2), (3A)