Document ID: chunk:federal_register_of_legislation:C2005A00078:clause:7_7
Version: federal_register_of_legislation:C2005A00078
Segment Type: clause
Provision Reference: sch 7 cl 7
Character Range: 37389–38203

7  Paragraphs 27ACA(1)(b) and (c)
Repeal the paragraphs, substitute:
 (b) as a result:
 (i) a payment is made to the non‑member spouse (or to his or her legal personal representative if he or she has died); or
 (ii) an interest in a superannuation fund, or an annuity, is created for, or an amount is transferred to a superannuation fund for the benefit of, the non‑member spouse in circumstances prescribed by the regulations; and
 (c) either:
 (i) the payment mentioned in subparagraph (b)(i); or
 (ii) a payment equal to the value of the interest or annuity created or the amount transferred mentioned in subparagraph (b)(ii);
  if it had been made to the original payee, would have been an eligible termination payment under a paragraph of the definition of eligible termination payment in subsection 27A(1);