Superannuation Industry (Supervision) Regulations 1994

PART 7A - SUPERANNUATION INTERESTS SUBJECT TO PAYMENT SPLIT  

Division 7A.1A - Options for trustee in relation to interests  

REGULATION 7A.03I   CONFIRMING THAT THE NON-MEMBER SPOUSE HAS AN INTEREST IN THE FUND  

7A.03I(1)   [Application]  

This regulation applies:

(a) if:

(i) a trustee receives a request under regulation 7A.03C within the time allowed under subregulation 7A.03F(1) ; and

(ii) paragraph 7A.03G(2)(b) does not apply to the request; or

(b) if:

(i) a trustee receives a request under regulation 7A.03C within the time allowed under subregulation 7A.03F(1) ; and

(ii) the trustee has, under paragraph 7A.03G(3)(a) , retained the new interest in accordance with the request.

7A.03I(2)   [Notice]  

The trustee must give to the non-member spouse a written notice:

(a) confirming that the non-member spouse has an interest in the fund; and

(b) informing the non-member spouse of the relevant cooling-off arrangements.

Note: After the new interest in the fund is confirmed, it is no longer a non-member spouse interest.