Document ID: chunk:federal_register_of_legislation:F2024C01224:front:0:p79
Version: federal_register_of_legislation:F2024C01224
Segment Type: other
Provision Reference: 
Character Range: 200304–202937

on the RSA provider's initiative under paragraph 4A.21(1)(b), it must be done within 30 days after the end of the 28‑day period mentioned in subregulation 4A.21(2).
 (7) The RSA provider must give a notice to the non‑member spouse and the member spouse, within 28 days after the benefits are rolled over or transferred, stating:
 (a) that the benefits have been rolled over or transferred; and
 (b) the amount that was rolled over or transferred; and
 (c) if the payment split is a base amount payment split, any adjustment that has been made to the base amount since:
 (i) if the RSA provider had previously provided information to the non‑member spouse under regulation 2.18C—the end of the last completed reporting period; or
 (ii) in any other case—the operative time.

4A.24  Paying a lump sum
 (1) This regulation applies if, to give effect to a request under regulation 4A.18, the RSA provider pays to the non‑member spouse, as a lump sum, the amount to which the non‑member spouse is entitled under the payment split.
 (2) Subject to subregulations (3) and (4), the value of the lump sum to be paid to the non‑member spouse must be:
 (a) if the payment split is a base amount payment split and an adjusted base amount applies to the non‑member spouse at the date of the payment—the adjusted base amount less the amount of any fees payable by the non‑member spouse in respect of the payment split; or
 (b) if the payment split is a base amount payment split and an adjusted base amount does not apply to the non‑member spouse at the date of the payment—the base amount allocated to the non‑member spouse, within the meaning of regulation 45 of the Family Law (Superannuation) Regulations 2001, less the amount of any fees payable by the non‑member spouse in respect of the payment split; or
 (c) if the payment split is a percentage payment split:
 (i) for an entitlement in respect of an interest in the growth phase—the amount in relation to the interest at the time of the payment, determined in the way in which a court would determine an amount in accordance with regulation 28 and subregulation 31(2A) of the Family Law (Superannuation) Regulations 2001 multiplied by the percentage specified in the relevant superannuation agreement, flag lifting agreement or splitting order, less the amount of any fees payable by the non‑member spouse in respect of the payment split; or
 (ii) for an entitlement in respect of any other interest—the amount in relation to the interest at the time of the payment, determined in the way in which a court would determine an amount in accordance with the relevant method in Part 5 of the