Source: https://www.legislation.gov.au/Details/F2011L00027
Timestamp: 2020-01-23 18:18:17
Document Index: 517050833

Matched Legal Cases: ['art 9', 'art 9', 'art 9', 'art 9', 'art 9', 'art 9']

Family Law (Superannuation) (Provision of Information — NSW State Authorities Non-contributory Superannuation Scheme) Determination 2010
Details: F2011L00027
- F2011L00027
This Determination provides for the valuation information which the trustee of NSW State Authorities Non-contributory Superannuation Scheme must, on application made under the superannuation splitting provisions of the Family Law Act 1975, provide to parties to a marriage or a de facto relationship for the purpose of property settlements between them under that Act.
Family Law (Superannuation) (Provision of Information — NSW State Authorities Non‑contributory Superannuation Scheme) Determination 20101
I, ROBERT McCLELLAND, Attorney‑General, make this Determination under subregulations 64 (7) and (7B) of the Family Law (Superannuation) Regulations 2001.
This Determination is the Family Law (Superannuation) (Provision of Information — NSW State Authorities Non‑contributory Superannuation Scheme) Determination 2010.
Commonwealth co‑contribution account has the same meaning as in subsection 3 (1) of the NSW State Authorities Non‑contributory Superannuation Act.
early release debt account means the account created under subregulation 9 (3) of the NSW State Authorities Non‑contributory Superannuation Regulation.
employee has the same meaning as in subsection 3 (1) of the NSW State Authorities Non‑contributory Superannuation Act.
final average salary has the same meaning as in subsection 21 (1) of the NSW State Authorities Non‑contributory Superannuation Act.
NSW State Authorities Non‑contributory Superannuation Act means the State Authorities Non‑contributory Superannuation Act 1987 (NSW).
NSW State Authorities Non‑contributory Superannuation Regulation means the State Authorities Non‑contributory Superannuation Regulation 2010 (NSW).
NSW State Authorities Non‑contributory Superannuation Scheme means the superannuation scheme constituted by the NSW State Authorities Non‑contributory Superannuation Act.
STC has the same meaning as in subsection 3 (1) of the NSW State Authorities Non‑contributory Superannuation Act.
(2) An expression used in this Determination and in the NSW State Authorities Non‑contributory Superannuation Act or in a provision of that Act has the same meaning in this Determination as it has in the NSW State Authorities Non‑contributory Superannuation Act or the provision of that Act.
This Determination applies to a superannuation interest in the NSW State Authorities Non‑contributory Superannuation Scheme for which a method and factors have been approved under Part 9 of Schedule 2 to the M & F Approval.
(a) for paragraphs 64 (7) (a) and (7B) (a) of the Regulations, the trustee of the NSW State Authorities Non‑contributory Superannuation Scheme is not required to provide the information about the interest mentioned in column 3 of the item; and
(b) for paragraphs 64 (7) (b) and (7B) (b) of the Regulations, the trustee of the NSW State Authorities Non‑contributory Superannuation Scheme must provide any information about the interest mentioned in column 4 of the item.
An interest mentioned in item 1 in the table in clause 2 of Part 9 of Schedule 2 to the M & F Approval
(a) C and B (as those terms are defined in item 1 in the table in clause 2 of Part 9 of Schedule 2 to the M & F Approval);
(c) the balance of the early release debt account for any benefit released to the person under paragraph 23 (1) (c) of the NSW State Authorities Non‑contributory Superannuation Act;
(d) for each splitting order, superannuation agreement or flag lifting agreement that has been served on the trustee of the NSW State Authorities Non‑contributory Superannuation Scheme for the interest — the date of:
(i) any payment or release, under paragraph 27AJ (3) (a) of the NSW State Authorities Non‑contributory Superannuation Act, of an amount to the person with the entitlement under that order or agreement; or
(ii) any transfer or rollover, under paragraph 27AJ (3) (b) of the NSW State Authorities Non‑contributory Superannuation Act, of an amount to a superannuation fund or a retirement savings account to be held for the benefit of the person with the entitlement under that order or agreement;
(e) for each payment, release, transfer or rollover mentioned in paragraph (d):
(ii) the value of the interest to which the order or agreement applies, immediately before that payment, release, transfer or rollover, determined in accordance with the method in item 1 of the Table in clause 2 of Part 9 of Schedule 2 to the M & F Approval; and
(iii) the number of days, and any additional proportion of a day, of eligible service of the person who has the interest, accrued in accordance with clause 5 of the NSW State Authorities Non‑contributory Superannuation Regulation, before 1 July 1988; and
(iv) the number of days, and any additional proportion of a day, of eligible service of the person who has the interest, accrued in accordance with clause 5 of the NSW State Authorities Non‑contributory Superannuation Regulation, after 1 July 1988;
(f) the balance of the Commonwealth co‑contribution account of the person;
(g) any adjustment that the STC would make to the Commonwealth co‑contribution account of the person if he or she were to voluntarily cease to be an employee
An interest mentioned in item 2 in the table in clause 2 of Part 9 of Schedule 2 to the M & F Approval
The information mentioned in paragraphs 64 (4) (a) to (c) of the Regulations
A and SC (as those terms are defined in item 1 in the table in clause 2 of Part 9 of Schedule 2 to the M & F Approval)