Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT (SUPERANNUATION) ACT 1992 No. 208 of 1992 - SECT 31

31. Section 27AB of the Principal Act is amended by omitting paragraph (3)(b)
and substituting the following paragraph:

"(b) if paragraph (a) does not apply-the amount that would have been the
amount of the post-June 83 component if the ETP had been equal to the amount
worked out using the formula:
           ETP      x      Days in eligible service period

Days in total service period where:
'ETP' is the amount of the ETP reduced by the amount of the excessive
component (if any);
'Days in eligible service period' means the number of whole days in the
eligible service period in relation to the ETP;
'Days in total service period' means the sum of:

        (i)    the number of whole days in the eligible service period in
               relation to the ETP; and

        (ii)   the number of whole days in the period commencing on the date
               of the death of the member of the fund and ending on the last
               retirement date.".