Document ID: chunk:federal_register_of_legislation:F2024C01248:reg:6:p13
Version: federal_register_of_legislation:F2024C01248
Segment Type: reg
Provision Reference: reg 6 (pt 13/21)
Character Range: 157624–160483

is to be paid from the scheme is sourced:
 (i) partly from contributions made into the scheme or earnings on those contributions; and
 (ii) partly from one or more other sources; or
 (b) the superannuation benefits that are to be paid from the scheme are sourced:
 (i) partly from contributions made into the scheme or earnings on those contributions; and
 (ii) partly from one or more other sources.
 (3) The 2 interests are:
 (a) an interest that consists of the contributions made into the scheme and the earnings on those contributions; and
 (b) an interest that consists of the remainder of the amount sourced from the other source or sources.
 (4) For the purposes of this section, an amount specified in a notice given under subsection 307‑285(1) of the Act by the trustee of a scheme is not treated as contributions made into the scheme or earnings on those contributions.

307‑200.05  Meaning of superannuation interests—treating a superannuation interest as 2 or more superannuation interests (superannuation income streams)
  For the purposes of subsection 307‑200(1) of the Act, if a superannuation income stream:
 (a) is payable; or
 (b) will be payable, and it is a deferred superannuation income stream covered by paragraph 307‑70.02(1)(c);
an amount that supports the superannuation income stream is always to be treated as a separate superannuation interest.

307‑205.01  Value of superannuation interest for calculating pre‑July 83 amount for members in the contributions and investment phase
 (1) For the purposes of paragraph 307‑205(1)(a) of the Act, this section specifies methods for determining the value of a superannuation interest of a member of a superannuation fund at a particular time for the purposes of calculating the pre‑July 83 amount of the crystallised segment of a tax free component under section 307‑225 of the Act.
Note: Calculating the pre‑July 83 amount of the crystallised segment of the tax free component will require the superannuation interest to be valued before 1 July 2007. This calculation will only be performed for a superannuation interest in the accumulation phase, and only for a superannuation interest in which part of the taxable component is comprised of an element taxed in the fund.

Defined benefit interest
 (2) For a superannuation interest that is a defined benefit interest, the method is as follows.

      Method statement
           Step 1. Calculate, in accordance with section 307‑205.01A, the value of the retirement benefit that would have been payable if the member:

                (a) had been eligible to retire immediately before 1 July 2007; and
                (b) had elected to do so.

                  Note: If the member is no longer in the employment which gave rise to the interest, but the interest is preserved in the scheme, retirement is taken to be the point at