5Approval of methods or factors for valuing particular superannuation interests

5 Approval of methods or factors for valuing particular superannuation interests

(1) The methods or factors that: (a) are specified in a provision of a Schedule to this instrument that applies to a superannuation interest; and (b) are to be used to determine the gross value of the superannuation interest; are approved for the superannuation interest. (2) The approval is for the purposes of: (a) if the provision expressly applies to superannuation interests in the growth phase—subsection 62(1) of the Regulations; or (b) if the provision expressly applies to superannuation interests in the payment phase—subsection 70(1) of the Regulations; or (c) in any other case—subsections 62(1) and 70(1) of the Regulations.