Commonwealth Consolidated Regulations

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RETIREMENT SAVINGS ACCOUNTS REGULATIONS 1997 - REG 4A.04

Application of Division 4A.2

  (1)   This Division applies in relation to an RSA interest (the original interest ) if:

  (a)   the original interest is subject to a payment split; and

  (b)   an allocated pension, market linked pension or account based pension is being paid in respect of the original interest; and

  (c)   the RSA provider has not received a request under regulation   4A.16, 4A.17 or 4A.18 or taken an action under regulation   4A.21 in relation to the original interest.

  (2)   This Division also applies in relation to an RSA interest (the original interest ) if:

  (a)   the original interest is subject to a payment split; and

  (b)   the original interest is an accumulation interest in the growth phase; and

  (c)   the RSA provider has not received a request under regulation   4A.16, 4A.17 or 4A.18 or taken an action under regulation   4A.21 in relation to the original interest.

  (3)   This Division does not apply to an RSA interest that is determined by reference to a policy of life insurance mentioned in regulation   3.11.



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