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STATE SUPERANNUATION REGULATIONS 2001 - SECT 219A

219A .         Interpretation

        (1)         In this Part —

        “ex-spouse” , in relation to a Member in relation to whose superannuation interest a splitting instrument has been served on the Board, means the other party to the marriage in relation to which the splitting instrument was made;

        "splitting instrument" means —

            (a)         a splitting order; or

            (b)         a superannuation agreement that provides for a payment split; or

            (c)         a flag lifting agreement that provides for a payment split;

        “superannuation interest” means a superannuation interest (as defined in the Family Law Act section 90MD) in a scheme under the Act other than an unsplittable interest;

        “value” , in relation to the superannuation interest of an ex-spouse, means the value of that interest determined in accordance with the Family Law (Superannuation) Regulations 2001 (Commonwealth) regulation 14G.

        (2)         In this Part the following terms each have the meaning given in the Family Law Act section 90MD —

            (a)         "flag lifting agreement";

            (b)         subject to subregulation (3), "operative time” ;

            (c)         "payment split";

            (d)         "splitting order";

            (e)         "superannuation agreement";

            (f)         "unsplittable interest".

        (3)         If —

            (a)         a splitting instrument is served on the Board before 1 February 2008; and

            (b)         the time that would, but for this subregulation, be the operative time in relation to that splitting instrument is before 1 February 2008,

                then the operative time in relation to that splitting instrument is 1 February 2008.

        [Regulation 219A inserted in Gazette 18 Jan 2008 p. 150-1.]



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