Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The service period for a * superannuation lump sum consists of each day that is in the period worked out under the table or a period covered by subsection (2).
Service period for superannuation lump sum types | ||
Item | For this superannuation lump sum type: | The service period includes: |
1 | The following: (a) if some or all of the * superannuation lump sum accrued while you were, or the deceased was, a member of the * superannuation fund--the period of membership; | |
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| (b) if some or all of the superannuation lump sum accrued while you were, or the deceased was, employed (or you or the deceased held office)--each period of employment (or of holding office) to which the lump sum relates. |
2 | * approved deposit fund payment | The period starting when you or the deceased first made a deposit to the * approved deposit fund and ending when the payment is made. |
3 | The following: (a) if some or all of the * superannuation lump sum accrued while you were, or the deceased was, the holder of the * RSA--the period during which you were, or the deceased was, the holder of the RSA; (b) if some or all of the superannuation lump sum accrued while you were, or the deceased was, employed (or you or the deceased held office)--each period of employment (or of holding office) to which the lump sum relates. | |
(2) The service period for the * superannuation lump sum (the later lump sum ) also includes each day that is in the * service period for an earlier superannuation lump sum if some or all of the later lump sum is attributable, directly or indirectly, to some or all of the earlier lump sum through the payment of one or more * roll - over superannuation benefits.
Table of Subdivisions
Guide to Division 310
310 - A Object of this Division
310 - B Choice to transfer losses
310 - C Consequences of choosing to transfer losses
310 - D Choice for assets roll - over
310 - E Consequences of choosing assets roll - over
310 - F Choices