Victorian Current Acts

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SUPERANNUATION (PORTABILITY) ACT 1989 - SECT 9AB

Reduction of deferred retirement benefit or transfer amount

Despite anything to the contrary in this Act, if under section 9AA an amount is paid by the administrators to a non-member spouse or transferred by the administrators on behalf of a non-member spouse, the deferred retirement benefit or transfer amount of a member spouse must be reduced by the administrators in accordance with a methodology approved by the Minister, on the advice of an actuary appointed by the administrators.

S. 9AC inserted by No. 70/2003 s. 34.



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