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FAMILY LAW ACT 1975 - SECT 90YK Superannuation agreement to be included in Western Australian financial agreement if about a de facto relationship

FAMILY LAW ACT 1975 - SECT 90YK

Superannuation agreement to be included in Western Australian financial agreement if about a de facto relationship

  (1)   This section applies if a Western Australian financial agreement includes an agreement that deals with superannuation interests of either or both of the parties to the Western Australian financial agreement. It does not matter whether or not the superannuation interests are in existence at the time the agreement is made.

  (2)   The part of the Western Australian financial agreement that deals with superannuation interests is a superannuation agreement for the purposes of this Part.

  (3)   A superannuation agreement has effect only in accordance with this Part. In particular, it cannot be enforced under the Family Court Act 1997 (WA).

  (4)   A superannuation agreement that is included in a Western Australian financial agreement made under the Family Court Act 1997 (WA) in contemplation of a de facto relationship has no effect unless and until the parties enter into that de facto relationship.

  (5)   In applying the provisions of the Family Court Act 1997 (WA) relating to making a Western Australian financial agreement for the purposes of this Division, a superannuation interest of a party to a Western Australian financial agreement is treated as being acquired at the time when that party first becomes a member of the eligible superannuation plan in respect of that interest.

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