FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 58C Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than amount of earlier payments plus base amount
FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 58C
Amount to be paid to non - member spouse--first splittable payment after operative time equal to or more than amount of earlier payments plus 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 sum of:
(i) the amount payable under subregulation 50(3), 51(6), 53(4), 54(2), 57(3) or 58(6) or this regulation to each other person under a payment split with an earlier operative time; and
(ii) 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 in respect of the first splittable payment is the base amount.
(3) The non - member spouse is not entitled to be paid any
amount from any other splittable payment in respect of the superannuation
interest.