Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 (F2021L00412)

Schedule 1   Amendments

Superannuation Industry (Supervision) Regulations 1994

53   In the appropriate position in Part 14

Insert:

Division 14.23 - Transitional arrangements arising out of the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021

14.23 Arrangements

(1) The amendments made by items 29 and 30 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 apply in relation to requests made under Division 7A.1A on or after 1 May 2021.

(2) The amendments made by items 31 to 35, 41 and 42 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 apply in relation to non-member spouse interests in relation to which requests have not, as at 1 May 2021, been made under Division 7A.1A within the time allowed under subregulation 7A.03F(1).

(3) The amendments made by items 36, 37, 45 and 46 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 apply in relation to requests made under Division 7A.2 on or after 1 May 2021.

(4) The amendments made by items 38, 39, 40, 43 and 44 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 apply in relation to which requests have not, as at 1 May 2021, been made under Division 7A.2 within the time allowed under subregulation 7A.08(1).

(5) The amendment made by item 47 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 applies in relation to non-member spouse interests in relation to which a belief is formed in accordance with subregulation 7A.16(6) on or after 1 May 2021.

(6) The amendments made by items 48 to 51 of Schedule 1 to the Treasury Laws Amendment (Reuniting More Superannuation) Regulations 2021 apply in relation to requests made under subregulation 7A.17(3) on or after 1 May 2021.