I, PETER COLIN
MARTIN, Australian Government Actuary:
(a) acting under subregulation 45D (3) of the Family
Law (Superannuation) Regulations 2001, determine that the interest rate for
the adjustment period, being the financial year beginning on 1 July 2009, is
0.082; and
(b) acting under subregulation
45D (4) of those Regulations, determine that the method set out in
Schedule 1 is the method for calculating the interest rate for an adjustment
period of less than 12 months that begins and ends in the financial year
beginning on 1 July 2009; and
(c) acting under subregulation
45D (6) of those Regulations:
(i) determine, for subparagraph
45D (5) (b) (i) of those Regulations, that the method set out in
Schedule 2 is the method for calculating the interest rate for an adjustment
period of exactly 12 months beginning before the end of the financial year
ending on 30 June 2009 and ending in the next financial year; and
(ii) determine, for subparagraph
45D (5) (b) (ii) of those Regulations, that the method set out
in Schedule 3 is the method for calculating the interest rate for an adjustment
period of less than 12 months beginning before the end of the financial year
ending on 30 June 2009 and ending in the next financial year.
This Determination commences on 1
July 2009.
Dated 12 June
2009
PETER COLIN
MARTIN
Schedule 1 Method — Adjustment period of less than 12 months in the
2009–10 financial year
(paragraph (b))
The method for calculating the interest rate for the
adjustment period is:
where:
d is the number of
days in the adjustment period.
Schedule
2 Method —
Adjustment period of exactly 12 months bridging the
2008–09 and 2009–10 financial years
(subparagraph (c) (i))
The method for calculating the interest rate for the
adjustment period is:
where:
d1 is the number of
days in the adjustment period in the financial year ending on 30 June
2009.
d2 is the number of
days in the adjustment period in the financial year beginning on 1 July
2009.
Schedule
3 Method —
Adjustment period of less than 12 months bridging the 2008–09 and 2009–10
financial years
(subparagraph (c) (ii))
The method for calculating the interest rate for the
adjustment period is:
where:
d1 is the number of
days in the adjustment period in the financial year ending on 30 June
2009.
d2 is the number of
days in the adjustment period in the financial year beginning on 1 July
2009.