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FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 60 Waiver of rights under payment split (Act s 90XZA, s 90YZQ)

FAMILY LAW (SUPERANNUATION) REGULATIONS 2001 - REG 60

Waiver of rights under payment split (Act s 90XZA, s 90YZQ)

  (1)   For subsections   90XZA(2) and 90YZQ(2) of the Act, a waiver notice must be in accordance with Form 5 in Schedule   1.

  (2)   For paragraphs 90XZA(2)(a) and 90YZQ(2)(a) of the Act, each of the following persons is a prescribed financial adviser:

  (a)   a person who is the holder of an Australian financial services licence under section   913B of the Corporations Act 2001 , being a licence that authorises the person to provide advice of the kind mentioned in paragraph   90XZA(2)(a) or 90YZQ(2)(a) (as the case may be) of the Family Law Act 1975 ;

  (b)   a person who provides a financial service, within the meaning of the Corporations Act 2001 , on behalf of a person mentioned in paragraph   (a) in the circumstances in which that is permitted under section   911B of that Act.