Document ID: chunk:federal_register_of_legislation:F2025L00178:clause:11_1
Version: federal_register_of_legislation:F2025L00178
Segment Type: clause
Provision Reference: sch 11 cl 1
Character Range: 713734–714754

1  Application of this Schedule
  This Schedule sets out the method for determining the transition factor used under Division 2 of Part 7 of this instrument to determine the amount a non‑member spouse is entitled to be paid in relation to a superannuation interest that:
 (a) is covered by a superannuation agreement, flag lifting agreement or splitting order; and
 (b) is in the growth phase either at the date the agreement is served on the trustee under section 90XI or 90YM of the Act, or at the date of the splitting order (as applicable).
Note: This Schedule only applies for determining the transition factor if:
(a) the Minister has not, under section 62 or 70, approved a method or factors for determining the gross value of the superannuation interest; and
(b) one or more benefits in respect of the superannuation interest are payable as a pension for the life of the member spouse, but not due to the member spouse's invalidity;
 (see, for example, the definition of transition factor in subsection 81(3)).