FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 56 Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than base amount
FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 56
Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than base amount(1) This regulation applies in relation to the superannuation interest if:
(a) the first splittable payment that becomes payable in respect of the interest after the operative time is not a payment in respect of an allocated pension or a market linked pension; and
(b) the amount of that payment is equal to or more than the amount of the base amount allocated to the non - member spouse in relation to the interest.
(2) The amount that the non - member spouse is entitled to be paid from the first splittable payment is the amount that is equal to the base amount allocated to the non - member spouse in relation to the superannuation interest.
(3) The non - member spouse is not entitled to be paid any
amount from any other splittable payment in respect of the superannuation
interest.