Document ID: chunk:federal_register_of_legislation:F2023C01022:reg:58a:p2
Version: federal_register_of_legislation:F2023C01022
Segment Type: reg
Provision Reference: reg 58A (pt 2/2)
Character Range: 170704–171869

to subregulation (6), the non‑member spouse is not entitled to be paid any amount from any other splittable payment in respect of the superannuation interest.
 (6) If the lump sum mentioned in subregulation (2) or (3), or the total of the lump sums mentioned in subparagraphs (4)(b)(i) and (ii), is less than the amount of the base amount applicable to the non‑member spouse at the time the splittable payment becomes payable, the non‑member spouse is entitled to be paid:
 (a) the amount of the lump sum, or lump sums, as the case requires; and
 (b) from each other splittable payment that becomes payable in respect of the superannuation interest, the amount calculated in accordance with subregulation (7).
 (7) For paragraph (6)(b), the amount is calculated in accordance with the following formula:

  where:
BA is the base amount allocated to the non‑member spouse in relation to the superannuation interest.
X is the amount of the lump sum, or lump sums, paid to the non‑member spouse under paragraph (6)(a).
SP is the amount of the relevant splittable payment.
A has the meaning given by subregulation 50(3).

Subdivision 6.3.3—Second or later payment split