69Gross value—percentage‑only superannuation interests in the payment phase

69 Gross value—percentage‑only superannuation interests in the payment phase

(1) This section applies for the superannuation interest if the whole of the interest is a percentage‑only interest. (2) If under section 70 the Minister has approved one or more methods or factors to be used to determine the gross value of the superannuation interest, the gross value of the superannuation interest at the relevant date is to be determined using that method or factors.

Note: This section (and this Part and subsection 44(1)) does not apply for the superannuation interest if no such methods or factors are approved under section 70. In that case, paragraph 90XT(2)(b) or 90YY(2)(b) of the Act applies to the court in relation to the superannuation interest.