SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) REGULATIONS 1997 (REPEALED)

PART 1B - SURCHARGEABLE CONTRIBUTIONS  

SECTION 2O   INTEREST SPLITS OR TRANSFERRED AMOUNTS ON MARRIAGE BREAKDOWN  

2O(1)   [Payment made after interest created]  

For subparagraph 10A(1)(a)(ii) of the Act, the circumstances are that the interest is created for the non-member spouse in such a way that, because of Division 2.2 of the Family Law (Superannuation) Regulations 2001 , a payment in respect of the superannuation interest of the member spouse made after the interest is created, would not be a splittable payment.

Note:

Division 2.2 of the Family Law (Superannuation) Regulations 2001 sets out the ways that a superannuation agreement, flag lifting agreement or splitting order made under the Family Law Act 1975 may be satisfied. If the agreement or order has been satisfied, any future payment would not be a splittable payment.

2O(2)   [Payment made after amount transferred]  

For subparagraph 10A(1)(a)(iii) of the Act, the circumstances are that the amount is transferred to a superannuation fund for the benefit of the non-member spouse in such a way that, because of Division 2.2 of the Family Law (Superannuation) Regulations 2001 , a payment in respect of the superannuation interest of the member spouse made after the amount is transferred, would not be a splittable payment.

Note:

Division 2.2 of the Family Law (Superannuation) Regulations 2001 sets out the ways that a superannuation agreement, flag lifting agreement or splitting order made under the Family Law Act 1975 may be satisfied. If the agreement or order has been satisfied, any future payment would not be a splittable payment.

2O(3)   [Interpretation]  

In this regulation:

splittable payment
has the same meaning as in Part VIIIB of the Family Law Act 1975 .