Retirement Savings Accounts Amendment Regulations 2006 (No. 1) (188 of 2006)
Schedule 1 Amendments
[7] Subregulation 4A.05 (8)
substitute
(8) At the time that the payment split notice is given or, if a payment split notice is not required, within 28 days after the later of:
(a) the operative time; and
(b) the time when the RSA provider creates the non-member spouse interest;
the RSA provider must give to the member spouse and the non-member spouse a written notice stating:
(c) that the new interest has been created; and
(d) that the value of the original interest has been reduced; and
(e) the amount of the non-member spouse interest.