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CORPORATIONS REGULATIONS 2001 - REG 7.9.84

Definitions for Division 11

    In this Division:

"adjusted base amount" , in relation to a non - member spouse on a day, means the adjusted base amount applicable to the non - member spouse on that day worked out under regulation   47 of the Family Law (Superannuation) Regulations   2001 .

"base amount" , in relation to a non - member spouse means the amount mentioned in regulation   45 of the Family Law (Superannuation) Regulations   2001 .

"base amount payment split" , in relation to a superannuation interest, means a payment split under which a base amount is allocated to the non - member spouse in relation to the superannuation interest under Part   VIIIB or VIIIC of the Family Law Act 1975 .

"flag lifting agreement" means a flag lifting agreement within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .

"member spouse" , in relation to a superannuation interest that is subject to a payment split, means the person who is the member spouse within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 in relation to the interest.

"non-member spouse" , in relation to a superannuation interest that is subject to a payment split, means the person who is the non - member spouse within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 in relation to the interest.

"payment split" means a payment split within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .

"payment split notice" means a notice given by a product issuer under:

  (a)   regulation   7A.03 of the SIS Regulations; or

  (b)   regulation   4A.03 of the RSA Regulations.

"percentage-only interest" means percentage - only interest within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .

"percentage payment split" , in relation to a superannuation interest, means a payment split under a superannuation agreement, flag lifting agreement or splitting order that specifies a percentage that is to apply to all splittable payments in respect of the superannuation interest.

"splitting order" means a splitting order within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .

"superannuation agreement" means a superannuation agreement within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .

"superannuation interest" means a superannuation interest within the meaning of Part   VIIIB or VIIIC of the Family Law Act 1975 .


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