Document ID: chunk:federal_register_of_legislation:F2017L01095:reg:8
Version: federal_register_of_legislation:F2017L01095
Segment Type: reg
Provision Reference: reg 8
Character Range: 7693–8688

8  Benefits for certain spouses in post‑retirement marital or couple relationships—lump sum payment
  For the purposes of subsection 6BA(3) of the Act, a lump sum payment to which a spouse is entitled under that subsection is worked out in accordance with the formula:
where:
age factor means:
 (a) if the spouse is a female—the factor specified in the column headed "Spouse pension Single life" that relates to the spouse's age in Table 4B of Part 4 of Schedule 1 to the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003; or
 (b) if the spouse is a male—the factor specified in the column headed "Spouse pension Single life" that relates to the spouse's age in Table 4A of Part 4 of Schedule 1 to the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003.
rate of pension means the rate of pension worked out for the spouse in accordance with subsection 6BA(2) of the Act.