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SOCIAL SECURITY ACT 1991 - SECT 9C Family law affected income streams

SOCIAL SECURITY ACT 1991 - SECT 9C

Family law affected income streams

    If:

  (a)   an income stream is acquired or purchased (the original family law affected income stream ) by a person (the member ); and

  (b)   the member's partner or former partner (the non - member ) becomes entitled to be paid some or all of that income stream under:

  (i)   a payment split under Part   VIIIB or VIIIC of the Family Law Act 1975 ; or

  (ii)   an order under Part   VIIIAA of the Family Law Act 1975 ;

then so much (if any) of the income stream paid to the non - member as a series of ongoing payments ( secondary FLA income stream ) and the remainder (if any) of the income stream paid to the member as such a series of payments ( primary FLA income stream ) are each family law affected income streams .

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