Document ID: chunk:federal_register_of_legislation:F2024C00493:clause:1_22
Version: federal_register_of_legislation:F2024C00493
Segment Type: clause
Provision Reference: sch 1 cl 22
Character Range: 18030–20144

22    If the payment split is a base amount payment split:
       (a) the value of the base amount allocated to the non‑member spouse for the non‑member spouse's entitlement under the payment split; and
       (b) the value of the superannuation interest, being:
       (i) if a splitting order applies to the superannuation interest — the value determined by the court; or
       (ii) if a superannuation agreement applies to the superannuation interest — the value provided by the trustee of the superannuation fund from which the income stream was acquired or purchased; and
       (c) details of any amounts of income paid from the original family law affected income stream on or after the operative time for the payment split and before the time of the first splittable payment for the payment split; and
       (d) the amount of the first splittable payment from the original family law affected income stream after the operative time for the payment split; and
       (e) the proportion of the first splittable payment paid to each of the member spouse and the non‑member spouse from the original family law affected income stream after the operative time for the payment split; and
       (f) details of any second and subsequent payments to the non‑member spouse from the original family law affected income stream, after the first splittable payment is made, to give effect to the non‑member spouse's entitlement under the payment split, including lump sum payments and amounts paid from the secondary FLA income stream; and
       (g) details of any payments to the member spouse from the primary FLA income stream; and
       (h) if the income stream is paid as an allocated pension or a market linked pension:
       (i) the value of the original family law income stream immediately before the time of the first splittable payment for the payment split; and
       (ii) the value of the first splittable payment for the payment split to the non‑member spouse from the original family law income stream; and
       (iii) the value of the primary FLA income stream immediately after the payment split