Reference: SIS Modification Declaration 2006/1
Document type: Superannuation Industry (Supervision) modification declaration No. 1 of 2006
Enabling act: Superannuation Industry (Supervision) Act 1993
Date of issue: 28 April 2006
Signatory: Thomas Karp Executive General Manager Supervisory Support Division
Registration number: F2006L01284
Registration date: 1 May 2006

This declaration comes into force upon registration of this instrument on the Federal Register of Legislative Instruments. | Interpretation: APRA means the Australian Prudential Regulation Authority. Federal Register of Legislative Instruments means the register established under section 20 of the Legislative Instruments Act 2003 . Regulations means the Superannuation Industry (Supervision) Regulations 1994 .

1. Division 6.7 is modified by including, after subregulation 6.42(2):: 6.42A Transitional arrangements for splittable contributions 1. Subject to subregulation (2), if a regulated superannuation fund (the receiving fund) receives before 1 July 2006 an amount rolled over or transferred by another regulated superannuation fund (the transferring fund), and that amount includes an amount that was a splittable contribution in the transferring fund, the amount that was a splittable contribution is taken to be a splittable contribution in the receiving fund. 2. Subregulation (1) does not apply where: (a) the transferring fund is a self managed superannuation fund; or (b) the amount is rolled over or transferred pursuant to regulation 6.45; or (c) the trustee of a transferring fund has given effect to an application under subregulation 6.44(1) from the member in respect of whom the rollover or transfer was received. 1. Subject to subregulation (2), if a regulated superannuation fund (the receiving fund) receives before 1 July 2006 an amount rolled over or transferred by another regulated superannuation fund (the transferring fund), and that amount includes an amount that was a splittable contribution in the transferring fund, the amount that was a splittable contribution is taken to be a splittable contribution in the receiving fund. 2. Subregulation (1) does not apply where: (a) the transferring fund is a self managed superannuation fund; or (b) the amount is rolled over or transferred pursuant to regulation 6.45; or (c) the trustee of a transferring fund has given effect to an application under subregulation 6.44(1) from the member in respect of whom the rollover or transfer was received. (a) the transferring fund is a self managed superannuation fund; or (b) the amount is rolled over or transferred pursuant to regulation 6.45; or (c) the trustee of a transferring fund has given effect to an application under subregulation 6.44(1) from the member in respect of whom the rollover or transfer was received.