Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 11 - Superannuation to which arrangements apply under the Family Law Act 1975  

REGULATION 7.9.84  

7.9.84   DEFINITIONS FOR DIVISION 11  


In this Division:

adjusted base amount
, in relation to a non-member spouse on a day, means the adjusted base amount applicable to the non-member spouse on that day worked out under regulation 47 of the Family Law (Superannuation) Regulations 2001 .

base amount
, in relation to a non-member spouse means the amount mentioned in regulation 45 of the Family Law (Superannuation) Regulations 2001 .

base amount payment split
, in relation to a superannuation interest, means a payment split under which a base amount is allocated to the non-member spouse in relation to the superannuation interest under Part VIIIB or VIIIC of the Family Law Act 1975 .

flag lifting agreement
means a flag lifting agreement within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .

member spouse
, in relation to a superannuation interest that is subject to a payment split, means the person who is the member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 in relation to the interest.

non-member spouse
, in relation to a superannuation interest that is subject to a payment split, means the person who is the non-member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 in relation to the interest.

payment split
means a payment split within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .

payment split notice
means a notice given by a product issuer under:


(a) regulation 7A.03 of the SIS Regulations; or


(b) regulation 4A.03 of the RSA Regulations.

percentage-only interest
means percentage-only interest within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .

percentage payment split
, in relation to a superannuation interest, means a payment split under a superannuation agreement, flag lifting agreement or splitting order that specifies a percentage that is to apply to all splittable payments in respect of the superannuation interest.

splitting order
means a splitting order within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .

superannuation agreement
means a superannuation agreement within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .

superannuation interest
means a superannuation interest within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975 .


 

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