(1) For paragraph 243(1)(b) of the Act, 1 July 1995 is the date from which section 243 of the Act applies to a person.
(2) For paragraph 243(1)(c) of the Act, the condition is that the beneficiary is not a non-member spouse whose entitlement under a payment split is to be dealt with under regulation 7A.16.
(3) For paragraph 243(3)(b) of the Act, the amount of the consideration for the issue of a superannuation interest:
(a) is the amount of the beneficiary's withdrawal benefit in the transferor fund; and
(b) does not include any amount that would be payable to the member's spouse or former spouse under a payment split.
Note: Section 243 of the Act sets out the circumstances in which the trustee of a fund may apply to an eligible rollover fund, on behalf of a beneficiary of the fund, for the issue of a superannuation interest in the eligible rollover fund to the beneficiary.