Commonwealth Consolidated Regulations

FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 58C

  (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 sum of:

  (i)   the amount payable under subregulation   50(3), 51(6), 53(4), 54(2), 57(3) or 58(6) or this regulation to each other person under a payment split with an earlier operative time; and

  (ii)   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 in respect of the first splittable payment is the base amount.

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