50CSC may determine amounts of investment earnings and losses to be attributed to personal accumulation accounts and pension accounts

50 CSC may determine amounts of investment earnings and losses to be attributed to personal accumulation accounts and pension accounts

(1) CSC may determine amounts to be credited to, or debited from, a personal accumulation account or a pension account that reasonably reflect the after‑tax earnings or losses from the investment of the balance of the account (through the ADF Super Fund).

Note: Subparagraph 44(c)(i) and paragraphs 45(b), 48(1)(b) and 49(b) provide for the crediting and debiting of the account.

(2) In determining an amount under subsection (1), CSC must have regard to: (a) the charges, costs and expenses incurred in the investment of amounts in all personal accumulation accounts and pension accounts; and (b) if, under Division 4, the person for whom a personal accumulation account is kept chooses an investment strategy—the investment strategy chosen by the person.