PART 4A
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RSA INTERESTS SUBJECT TO PAYMENT SPLIT
History
Part 4A inserted by SR No 352 of 2002, reg 3 and Sch 1 item 23, effective 28 December 2002.
Division 4A.2
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Options available for interests
History
Div 4A.2 heading substituted by SR No 197 of 2004, reg 3 and Sch 1 item 5, effective 1 July 2004. The heading formerly read:
Division 4A.2
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Options available for allocated pension interests
Div 4A.02 inserted by SR No 352 of 2002, reg 3 and Sch 1 item 23, effective 28 December 2002.
REGULATION 4A.13
ROLLING OVER OR TRANSFERRING THE NON-MEMBER SPOUSE
'
S INTEREST
4A.13(1)
This regulation applies if the RSA provider rolls over or transfers the withdrawal benefit from the non-member spouse
'
s interest:
(a)
to give effect to a request under regulation
4A.07
; or
(b)
on the RSA provider
'
s initiative under subregulation
4A.11(1)
.
4A.13(2)
The RSA provider must roll over or transfer the amount as follows:
(a)
if the rollover or transfer is to give effect to a request under regulation
4A.07
, it must be done within:
(i)
30 days after receiving the request; or
(ii)
any longer period allowed by the Regulator;
(b)
if the rollover or transfer is to be done on the RSA provider
'
s initiative under paragraph
4A.11(1)(a)
, it must be done within 30 days after the RSA provider receives the nomination from the non-member spouse under subregulation
4A.11(2)
.
(c)
(Repealed by FRLI No F2021L00412)
History
Reg 4A.13(2) amended by FRLI No F2021L00412, reg 4 and Sch 1 items 8 and 9, by substituting
"
subregulation 4A.11(2).
"
for
"
subregulation 4A.11(2);
"
in para (b) and repealing para (c), effective 2 April 2021 and applicable in relation to non-member spouse interests in relation to which requests have not, as at 1 May 2021, been made under Division 4A.2 within the time allowed under subregulation 4A.09(1). Para (c) formerly read:
(c)
if the rollover or transfer is to be done on the RSA provider
'
s initiative under paragraph 4A.11(1)(b), it must be done within 30 days after the end of the 28-day period mentioned in subregulation 4A.11(2).
Reg 4A.13(2) amended by SLI No 13 of 2013, reg 3 and Sch 1 item 7, by substituting
"
30 days
"
for
"
90 days
"
in para (a)(i), (b) and (c), effective 19 February 2013.
4A.13(3)
Within 28 days after the amount is rolled over or transferred, the RSA provider must give a notice to the non-member spouse, stating:
(a)
that the benefits have been rolled over or transferred; and
(b)
(Repealed by FRLI No F2021L00412)
(c)
the amount that was rolled over or transferred.
History
Reg 4A.13(3) amended by FRLI No F2021L00412, reg 4 and Sch 1 item 9, by repealing para (b), effective 2 April 2021 and applicable in relation to non-member spouse interests in relation to which requests have not, as at 1 May 2021, been made under Division 4A.2 within the time allowed under subregulation 4A.09(1). Para (b) formerly read:
(b)
if the rollover or transfer was done on the RSA provider
'
s initiative under paragraph 4A.11(1)(b)
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the name and contact details of the fund to which the amount was rolled over or transferred; and
History
Reg 4A.13 inserted by SR No 352 of 2002, reg 3 and Sch 1 item 23, effective 28 December 2002.