Document ID: chunk:federal_register_of_legislation:F2021C00237:reg:7:p38
Version: federal_register_of_legislation:F2021C00237
Segment Type: reg
Provision Reference: reg 7 (pt 38/46)
Character Range: 138079–141024

to establish a non‑member spouse interest account

 7.2.1 Where CSC creates a non‑member spouse interest, CSC must create an account to which the value of the non‑member spouse interest is credited (non‑member spouse interest account).
     Note:   Regulation 7A.20 of the SIS Regulations governs the apportionment of the non‑member spouse interest among unrestricted non‑preserved benefits, restricted non‑preserved benefits and preserved benefits.

   Administration fees debited from non‑member spouse interest account

 7.2.1A There must be debited from a non‑member spouse interest account fees determined by CSC under Rule 7.2.1B.
 7.2.1B CSC may determine fees to be paid from a non‑member spouse interest account relating to the costs of the administration of the Act and this Deed (generally and in matters relating more specifically to the account).

   Payments made under a release authority

 7.2.1C There must be debited from a non‑member spouse interest account any amount paid by CSC under Rule 3.1.11A in respect of the non‑member spouse.

 CSC to consolidate non‑member spouse interest account and personal accumulation account

 7.2.2 Where the non‑member spouse is a PSSAP member with both a personal accumulation account and a non‑member spouse interest account, CSC shall, within 28 days after being requested to do so by the non‑member spouse:
           (a) increase the amount credited to the personal accumulation account of the PSSAP member by the amount credited to the non‑member spouse interest account; and
           (b) thereafter and on the same day reduce to zero the value of the non‑member spouse interest account and then close the non‑member spouse interest account.

Division 3  Rights and restrictions applying to a
            non‑member spouse interest

   CSC may determine terms and conditions for non member spouse interest

 7.3.1 Subject to the provisions of this Division, CSC may, in creating a
 non‑member spouse interest, determine terms and conditions for the non‑member spouse interest.

   Right of non‑member spouse to benefits

 7.3.2 Subject to the SIS Act, the rights of a non‑member spouse or their legal personal representative applying for benefits or the roll‑over of benefits in relation to their non‑member spouse interest are the same as those of a PSSAP member who has ceased to be an ordinary employer‑sponsored member — or their legal personal representative — applying for benefits or the roll‑over of benefits in relation to an interest in the PSSAP Fund of the PSSAP member.

   Right of person claiming death benefits

 7.3.3 Subject to the SIS Act, the rights of persons claiming death benefits upon the death of a non‑member spouse in relation to their non‑member spouse interest are the same as the rights of persons claiming death benefits upon the death of a PSSAP member in relation to the interest in the PSSAP Fund of the deceased PSSAP member.

   CSC may