Superannuation Industry (Supervision) Amendment Regulations 2002 (No. 5) (353 of 2002)

Schedule 1   Amendments

12   After subregulation 1.04AAA (3)

insert

(4) For regulation 1.03A, the non-member spouse is to be treated as being a member of the fund in which the interest is held from the operative time for the payment split.

(5) For subsection 17A (5) and section 121A of the Act, a non-member spouse who became a member of a fund as a result of the creation of a non-member spouse interest under Part 7A.1A is not treated as a member of the fund until the earlier of:

(a) 6 months after the operative time for the payment split; and

(b) the time that the non-member spouse's interest in the fund is confirmed under regulation 7A.03H or 7A.03I.