Document ID: chunk:federal_register_of_legislation:F2023C01022:reg:58c
Version: federal_register_of_legislation:F2023C01022
Segment Type: reg
Provision Reference: reg 58C
Character Range: 172109–173144

58C  Amount to be paid to non‑member spouse—first splittable payment after operative time equal to or more than amount of earlier payments plus base amount
 (1) This regulation applies in relation to the superannuation interest if:
 (a) the first splittable payment that becomes payable in respect of the interest after the operative time is not a payment in respect of an allocated pension or a market linked pension; and
 (b) the amount of that payment is equal to or more than the sum of:
 (i) the amount payable under subregulation 50(3), 51(6), 53(4), 54(2), 57(3) or 58(6) or this regulation to each other person under a payment split with an earlier operative time; and
 (ii) the base amount allocated to the non‑member spouse in relation to the interest.
 (2) The amount that the non‑member spouse is entitled to be paid in respect of the first splittable payment is the base amount.
 (3) The non‑member spouse is not entitled to be paid any amount from any other splittable payment in respect of the superannuation interest.