Superannuation Industry (Supervision) Regulations 1994

the assumptions that, when the assets are sold:

the buyer and seller of the assets are willing, but not anxious, to buy and sell the assets; and

there is a period in which to negotiate the sale that is reasonable, having regard to the nature and situation of the assets and the state of the market for assets of the same kind; and

the assets will be reasonably exposed to the market; and

no account is taken of the value or other advantage or benefit, additional to market value, to the buyer incidental to ownership of the assets;

the value of any estate in the property comprising the assets that is not held by the trustee in the capacity of trustee;

deduction of the costs of disposing of the assets from the proceeds of the disposal.