Document ID: chunk:federal_register_of_legislation:C2022C00286:section:12
Version: federal_register_of_legislation:C2022C00286
Segment Type: section
Provision Reference: s 12
Character Range: 19195–20584

12  Family law interest splitting
 (1) Without limiting section 10 or 11, the Rules:
 (a) may provide that, when a splitting agreement or splitting order is received by CSC in respect of a superannuation interest under this Act:
 (i) the non‑member spouse is entitled to benefits determined in accordance with the Rules; and
 (ii) the benefits of the member spouse are reduced in accordance with the Rules; and
 (b) may include any other provision that is related to, or consequential on, provisions referred to in paragraph (a).
 (2) In this section:
member spouse means a member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
non‑member spouse means a non‑member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
splitting agreement means:
 (a) a superannuation agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975); or
 (b) a flag lifting agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975) that provides for a payment split (within the meaning of that Part).
splitting order means a splitting order within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.
superannuation interest means a superannuation interest within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.

Part 3—Members of Public Sector Superannuation Accumulation Plan (PSSAP)