Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:3:p17
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 3 (pt 17/71)
Character Range: 435599–438366

applies:
 (a) if:
 (i) a trustee receives a request under regulation 7A.03C within the time allowed under subregulation 7A.03F(1); and
 (ii) paragraph 7A.03G(2)(b) does not apply to the request; or
 (b) if:
 (i) a trustee receives a request under regulation 7A.03C within the time allowed under subregulation 7A.03F(1); and
 (ii) the trustee has, under paragraph 7A.03G(3)(a), retained the new interest in accordance with the request.
 (2) The trustee must give to the non‑member spouse a written notice:
 (a) confirming that the non‑member spouse has an interest in the fund; and
 (b) informing the non‑member spouse of the relevant cooling‑off arrangements.
Note: After the new interest in the fund is confirmed, it is no longer a non‑member spouse interest.

7A.03J  Rolling over or transferring the non‑member spouse's interest
 (1) This regulation applies if a trustee rolls over or transfers the withdrawal benefit from the non‑member spouse interest:
 (a) to give effect to a request under regulation 7A.03D; or
 (b) on the trustee's initiative under subregulation 7A.03H(1).
 (2) The trustee must roll over or transfer the amount as follows:
 (a) if the rollover or transfer is to give effect to a request under regulation 7A.03D, it must be done within:
 (i) 30 days after receiving the request; or
 (ii) any longer period allowed by the Regulator;
 (b) if the rollover or transfer is to be done on the trustee's initiative under paragraph 7A.03H(1)(a), it must be done within 30 days after the trustee receives the nomination from the non‑member spouse under subregulation 7A.03H(2);
 (c) if the rollover or transfer is to be done on the trustee's initiative under paragraph 7A.03H(1)(b), it must be done within 30 days after the end of the 28‑day period mentioned in subregulation 7A.03H(2).
 (3) The trustee must give a notice to the non‑member spouse, within 28 days after the amount is rolled over or transferred, stating:
 (a) that the benefits have been rolled over or transferred; and
 (b) if the rollover or transfer was done on the trustee's initiative under paragraph 7A.03H(1)(b)—the name and contact details of the fund to which the amount was rolled over or transferred; and
 (c) the amount that was rolled over or transferred.

7A.03K  Paying a lump sum
 (1) This regulation applies if a trustee pays to a non‑member spouse, as a lump sum, the withdrawal benefit from the non‑member spouse interest to give effect to a request under regulation 7A.03E.
 (2) The trustee must pay the lump sum within:
 (a) 30 days after receiving the request under regulation 7A.03E; or
 (b) any longer period allowed by the Regulator.
 (3) The trustee must give to the non‑member spouse, within 28 days after the lump sum is paid, a written notice stating:
 (a)