Superannuation Industry (Supervision) Regulations 1994
PART 6
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PAYMENT STANDARDS
Division 6.2
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Payment of benefits
REGULATION 6.17AA
6.17AA
PAYMENTS PREVENTED UNDER
FAMILY LAW ACT 1975
If a trustee of a regulated superannuation fund or an approved deposit fund does not make a payment in accordance with the standard set out in subregulation 6.17(2) because the trustee is prevented from doing so:
(a) under subsection 90ML(4) of the Family Law Act 1975 ; or
(b) by an order made under subsection 90MU(1) of the Family Law Act 1975 ;
If a trustee of a regulated superannuation fund or an approved deposit fund does not make a payment in accordance with the standard set out in subregulation 6.17(2) because the trustee is prevented from doing so:
(a) under subsection 90ML(4) of the Family Law Act 1975 ; or
(b) by an order made under subsection 90MU(1) of the Family Law Act 1975 ;
the trustee is not in breach of the standard.
Note: Subsection 90ML(4) of the Family Law Act 1975 provides that while a payment flag is operating on a superannuation interest, the trustee must not make any splittable payment to any person in respect of the interest. Subsection 90MU(1) of the Family Law Act 1975 provides that a court may make an order in relation to a superannuation interest directing the trustee not to make a splittable payment in respect of the interest without the leave of the court.
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