Document ID: chunk:federal_register_of_legislation:F2025L00178:reg:124
Version: federal_register_of_legislation:F2025L00178
Segment Type: reg
Provision Reference: reg 124
Character Range: 296499–298198

124  Specific information—the interest is subject to a payment split or flag
  For the purposes of paragraph 119(1)(c), the information that must be provided in relation to each payment split to which the superannuation interest is subject is as follows:
 (a) the operative time for the payment split;
 (b) if the payment split is under paragraph 90XJ(1)(b) or 90YN(1)(b) of the Act:
 (i) the percentage specified in the relevant superannuation agreement or flag lifting agreement; and
 (ii) whether that percentage is to apply for the purposes of subparagraph 90XJ(1)(b)(i) or 90YN(1)(b)(i) (as the case may be) of the Act and, if so, the member's accrued benefit multiple at separation (within the meaning of section 41 of this instrument) for the non‑member spouse who has an entitlement under the payment split;
 (c) if the payment split is under a splitting order made under paragraph 90XT(1)(b) or 90YY(1)(b) of the Act:
 (i) a statement indicating that the splitting order is made under that provision of the Act; and
 (ii) the specified percentage that is to apply to any splittable payment that becomes payable in respect of the interest;
 (d) if the payment split is under a splitting order made under paragraph 90XT(1)(c) or 90YY(1)(c) of the Act:
 (i) a statement indicating that the splitting order is made under that provision of the Act; and
 (ii) the percentage specified in the order; and
 (iii) if the superannuation interest is in an eligible superannuation plan other than a superannuation annuity—the member's accrued benefit multiple at separation (within the meaning of section 48 of this instrument) for the non‑member spouse who has an entitlement under the payment split.