19Valuation of superannuation interests—the Act, s 29E

19 Valuation of superannuation interests—the Act, s 29E

19 Valuation of superannuation interests—the Act, s 29E

(1) This section applies for the purposes of the Act, Part 4A and the family law superannuation legislation.

(2) For the Act, section 29E(h), the value of a superannuation interest of a member spouse must be determined in accordance with the following methods—

(a) for a pension deferred under the Act, section 19B—the Family Law (Superannuation) Regulations 2001 of the Commonwealth, Schedule 2, Part 7,

(b) for a benefit preserved under the Act, section 22B—the Family Law (Superannuation) Regulations 2001 of the Commonwealth, Schedule 2, Part 5,

(c) for a pension first paid on or after 1 February 1990 to a member spouse who was not a member before that date—the Family Law (Superannuation) Regulations 2001 of the Commonwealth, Schedule 4,

(d) for an interest not specified in paragraphs (a)–(c)—the approved valuation method.

(3) In this section—

approved valuation method means the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003, Schedule 2, Part 10, made under the Family Law (Superannuation) Regulations 2001 of the Commonwealth.