40Method for determining amount in relation to a superannuation interest—general

#### 40 Method for determining amount in relation to a superannuation interest—general (1) The method for determining an amount in relation to the superannuation interest at the relevant date is as follows: ```html <table cellspacing="0" cellpadding="0" style="width:100%; border:0.75pt solid #000000; border-collapse:collapse"><tbody><tr><td style="width:16.28%; padding-right:4pt; padding-left:3.62pt; vertical-align:top"><p class="Tabletext"><span style="font-weight:bold">Step 1</span></p></td><td style="width:83.72%; padding-right:3.62pt; padding-left:4pt; vertical-align:top"><p class="Tabletext"><span>Determine the gross value of the superannuation interest at the relevant date.</span></p></td></tr><tr><td style="width:16.28%; padding-right:4pt; padding-left:3.62pt; vertical-align:top"><p class="Tabletext"><span style="font-weight:bold">Step 2</span></p></td><td style="width:83.72%; padding-right:3.62pt; padding-left:4pt; vertical-align:top"><p class="Tabletext"><span>Deduct from the amount determined under Step 1 any amount payable under a payment split that applies to a splittable payment in respect of the superannuation interest and has an operative time that is before the relevant date.</span></p></td></tr><tr><td colspan="2" style="padding-right:3.62pt; padding-left:3.62pt; vertical-align:top"><p class="Tabletext"><span>The resulting amount is the </span><span style="font-weight:bold">amount in relation to the superannuation interest</span><span> at the relevant date.</span></p></td></tr></tbody></table> ``` (2) For Step 1 of the table in subregulation (1), the gross value of the superannuation interest at the relevant date is the gross value of the interest as determined in accordance with the regulation in this Division that applies to the interest.