Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Regulations 1997
12Application of Part 4
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12 Application of Part 4
This Part applies for the purpose of working out, for a member of a defined benefits superannuation scheme for a financial year: (a) the amount (B(f)) that represents the actuarial value of any funded employer‑provided benefit option not included in the value of A(f) that the member elects to exercise as a personal right for the financial year; and (b) the amount (B(u)) that represents the actuarial value of any unfunded employer‑provided benefit option not included in the value of A(u) that the member elects to exercise as a personal right for the financial year.