Document ID: chunk:federal_register_of_legislation:F2025L00281:reg:9
Version: federal_register_of_legislation:F2025L00281
Segment Type: reg
Provision Reference: reg 9
Character Range: 5370–8049

9  Saving—methods or factors for old agreements or orders relating to superannuation interests in the PCSS
 (1) This section applies to an agreement or court order made:
 (a) under Part VIIIB or VIIIC of the Family Law Act 1975 on or before 28 September 2023; and
 (b) in relation to a superannuation interest in the retirement scheme constituted by the Parliamentary Contributory Superannuation Act 1948.
 (2) Despite the repeal of the old approval instrument, Part 5 of Schedule 1 to the old approval instrument, as in force on 28 September 2023, continues to apply on and after 1 April 2025 in relation to determining the gross value of the superannuation interest, whether the operative time in relation to the relevant payment split is before, on or after 29 September 2023.
Note: This section preserves the effect of regulation 5 of the old approval instrument.
Contents
Schedule 1 Public sector superannuation plans — Commonwealth
            Part 1 Commonwealth Superannuation Scheme
            Division 1.1 Interpretation
            Division 1.2 Methods
            Division 1.3 Factors
            Part 2 Public Sector Superannuation Scheme
            Division 2.1 Definitions
            Division 2.2 Interest in the growth phase
            Division 2.3 Interests in the payment phase
            Division 2.4 Factors

Schedule 1 Public sector superannuation plans — Commonwealth
(sections 5 and 6)
Part 1 Commonwealth Superannuation Scheme
Division 1.1 Interpretation

1 Interpretation
 (1) In this Part:
1922 Act means the Superannuation Act 1922.
1976 Act means the Superannuation Act 1976.
CSS means the Commonwealth Superannuation Scheme established by the Superannuation Act 1976.
CSS Fund means the superannuation fund established by the 1976 Act.
period of membership, for a member, means the period commencing on the first day of the last occasion when the member became an eligible employee and ending on the relevant date.
the Regulations means the Superannuation (CSS) Former Eligible Employees Regulations 1986.
 (2) An expression used in this Part and in section 3 or 146MA (whichever is applicable) of the 1976 Act has the same meaning in this Part as it has in the applicable section of the 1976 Act.
Division 1.2 Methods

2 Methods and factors for interests of members in the CSS
  For an interest in the CSS mentioned in an item in the following table, the method or factor mentioned in the item is approved for section 5 of this instrument.
Item  Kind of interest                                                                                                                                                                     Method or factor