Document ID: chunk:federal_register_of_legislation:C2004A01292:clause:1_146ma:p2
Version: federal_register_of_legislation:C2004A01292
Segment Type: clause
Provision Reference: sch 1 cl 146MA (pt 2/2)
Character Range: 52525–55069

Part VIIIB of the Family Law Act 1975.

scheme value means the amount determined under the Orders.

section 110SL amount means the amount determined under the Orders.

section 110SL component means the amount calculated by multiplying the section 110SL amount by the transfer factor.

section 130B amount means the amount determined under the Orders.

section 130B component means the amount calculated by multiplying the section 130B amount by the transfer factor.

splitting agreement means:
 (a) a superannuation agreement (within the meaning of Part VIIIB of the Family Law Act 1975); or
 (b) a flag lifting agreement (within the meaning of Part VIIIB of the Family Law Act 1975) that provides for a payment split.

splitting order has the same meaning as in Part VIIIB of the Family Law Act 1975.

splitting percentage means:
 (a) for a splitting agreement—the percentage specified in the agreement under subparagraph 90MJ(1)(c)(iii) of the Family Law Act 1975; or
 (b) for a splitting order—the percentage specified in the order under subparagraph 90MT(1)(b)(i) of the Family Law Act 1975.

standard pension means any of the following:
 (a) standard age retirement pension referred to in section 55 or 136;
 (b) standard early retirement pension referred to in section 59 or 136;
 (c) invalidity pension;
 (d) spouse's pension, other than spouse's additional pension referred to in section 89, 93 or 136;
 (e) extra spouse's pension;
 (f) associate standard pension;
 (g) associate deferred pension.

superannuation interest has the same meaning as in Part VIIIB of the Family Law Act 1975.

supplementary contributions amount means the amount determined under the Orders.

supplementary contributions component means the amount calculated by multiplying the supplementary contributions amount by the transfer factor.

transfer amount means:
 (a) if a splitting percentage applies—the amount calculated by multiplying the splitting percentage by the greater of:
 (i) the family law value; and
 (ii) the scheme value; or
 (b) if a base amount applies and the scheme value is not more than the family law value—the base amount; or
 (c) if a base amount applies and the scheme value is more than the family law value—the amount calculated using the formula:

transfer factor means the number calculated by dividing the number of whole dollars in the transfer amount by the number of whole dollars in the scheme value.

unfunded component means the transfer amount reduced by the funded component.

Division 2—Benefits for non‑member spouse