s. 74CA (10) In determining whether an unreasonable detriment exists and the extent of that detriment— (a) the Board must act on the advice of the actuary, given either generally or in any specific case; and (b) the actuary must have regard to the following factors— (i) the receipt by a member of a post-June 1983 component of the benefit classified for the purposes of the tax law as a taxed element rather than as an untaxed element; and (ii) the rates of tax and the basis for its assessment under the tax law as at the date of commencement of this Act in respect of a benefit that becomes payable to a person aged 55 years or more; and (iii) any other matters the actuary considers relevant. 74CA Surcharge debt account S. 74CA inserted by No. 29/2000 (1) The Board must establish and maintain a separate s. 13. surcharge debt account for each contributor. (2) The Board must debit to a contributor's surcharge debt account— (a) any superannuation contributions tax paid or payable by the Board on contributions in respect of the contributor as a result of the operation of the Commonwealth Superannuation Contributions Tax (Assessment and Collection) Act 1997 to discharge the liability imposed under that Act; and
(10) In determining whether an unreasonable detriment exists and the extent of that detriment— (a) the Board must act on the advice of the actuary, given either generally or in any specific case; and (b) the actuary must have regard to the following factors— (i) the receipt by a member of a post-June 1983 component of the benefit classified for the purposes of the tax law as a taxed element rather than as an untaxed element; and (ii) the rates of tax and the basis for its assessment under the tax law as at the date of commencement of this Act in respect of a benefit that becomes payable to a person aged 55 years or more; and (iii) any other matters the actuary considers relevant. S. 74CA inserted by No. 29/2000 s. 13. 74CA Surcharge debt account s. 74CA (1) The Board must establish and maintain a separate surcharge debt account for each contributor. (2) The Board must debit to a contributor's surcharge debt account— (a) any superannuation contributions tax paid or payable by the Board on contributions in respect of the contributor as a result of the operation of the Commonwealth Superannuation Contributions Tax (Assessment and Collection) Act 1997 to discharge the liability imposed under that Act; and
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