FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 56 Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than base amount

Commonwealth Consolidated Regulations

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FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 56

Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than base amount

(1) This regulation applies in relation to the superannuation interest if:

(a) the first splittable payment that becomes payable in respect of the interest after the operative time is not a payment in respect of an allocated pension or a market linked pension; and

(b) the amount of that payment is equal to or more than the amount of the base amount allocated to the non - member spouse in relation to the interest.

(2) The amount that the non - member spouse is entitled to be paid from the first splittable payment is the amount that is equal to the base amount allocated to the non - member spouse in relation to the superannuation interest.

(3) The non - member spouse is not entitled to be paid any amount from any other splittable payment in respect of the superannuation interest.

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