Family law interest splitting
12 Family law interest splitting
Without limiting section 10 or 11, the Rules:
may provide that, when a splitting agreement or splitting order is received by CSC in respect of a superannuation interest under this Act:
the non‑member spouse is entitled to benefits determined in accordance with the Rules; and
the benefits of the member spouse are reduced in accordance with the Rules; and
may include any other provision that is related to, or consequential on, provisions referred to in paragraph (a).
In this section:
member spouse means a member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
non‑member spouse means a non‑member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
splitting agreement means:
a superannuation agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975); or
a flag lifting agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975) that provides for a payment split (within the meaning of that Part).
splitting order means a splitting order within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
superannuation interest means a superannuation interest within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.