NSWIn ForceAct
Superannuation Act 1916
105Certain calculations to be made by means of a conversion ratio
Start here
Get a plain-English read of 105
Turn the raw legal text into a practical explanation grounded in Superannuation Act 1916.
105 Certain calculations to be made by means of a conversion ratio
105 Certain calculations to be made by means of a conversion ratio
Where—
(a) an amount expressed in a foreign currency is required for the purposes of this Act to be expressed in Australian currency—that amount expressed in Australian currency, or
(b) an amount expressed in Australian currency is required for the purposes of this Act to be expressed in a foreign currency—that amount expressed in the foreign currency,
shall be calculated by means of the conversion ratio in relation to that foreign currency.
s 105: Ins 1980 No 50, Sch 5 (2).