s 307-230
In forceTotal superannuation balance—modification for transfer balance just before 1 July 2017
Chapter 3Specialist liability rules
Part 3-30Superannuation
Division 307Key concepts relating to superannuation benefits
307-230 Total superannuation balance—modification for transfer balance just before 1 July 2017
(1)
This section applies for the purposes of working out the amount of your total superannuation balance just before 1 July 2017.
(2)
The transfer balance mentioned in paragraph 307‑230(1)(b) of the Income Tax Assessment Act 1997 just before 1 July 2017 is taken to be equal to:
(a)
the sum of the transfer balance credits (if any) in your transfer balance account just after the start of 1 July 2017; less
(b)
the sum of the transfer balance debits (if any) arising in your transfer balance account on 1 July 2017 under item 4 of the table in subsection 294‑80(1) of that Act (about payment splits).
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