Crystallisation deadline of 30 June 2008

By this date super fund trustees, including trustees of Self Managed Superannuation Funds, must have calculated the crystallised segment of all superannuation interests in the Fund.

An administrative penalty of 5 units will be imposed for each breach of this requirement.

The crystallised segment only applies to superannuation interests which commenced before 1 July 2007.  The crystallised segment represents (subject to one exception) that portion of the superannuation interest which relates to the period before 1 July 2007.