{"id":"F2010L01500","name":"Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2010","slug":"family-law-superannuation-interest-rate-for-adjustment-period-determination-2010","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":84097,"registerId":"commonwealth-F2010L01500-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2010","content":"![](image.001.png)\n\nFamily Law (Superannuation) (Interest Rate for Adjustment Period) Determination 20101\n\nFamily Law (Superannuation) Regulations 2001\n\nI, PETER COLIN MARTIN, Australian Government Actuary:\n\n(a) acting under subregulation 45D (3) of the Family Law (Superannuation) Regulations 2001, determine that the interest rate for the adjustment period, being the financial year beginning on 1 July 2010, is 0.083; and\n\n(b) acting under subregulation 45D (4) of those Regulations, determine that the method set out in Schedule 1 is the method for calculating the interest rate for an adjustment period of less than 12 months that begins and ends in the financial year beginning on 1 July 2010; and\n\n(c) acting under subregulation 45D (6) of those Regulations:\n\n(i) determine, for subparagraph 45D (5) (b) (i) of those Regulations, that the method set out in Schedule 2 is the method for calculating the interest rate for an adjustment period of exactly 12 months beginning before the end of the financial year ending on 30 June 2010 and ending in the next financial year; and\n\n(ii) determine, for subparagraph 45D (5) (b) (ii) of those Regulations, that the method set out in Schedule 3 is the method for calculating the interest rate for an adjustment period of less than 12 months beginning before the end of the financial year ending on 30 June 2010 and ending in the next financial year.\n\nThis Determination commences on 1 July 2010.\n\nDated 26 May 2010\n\nPETER COLIN MARTIN\n\nAustralian Government Actuary\n\nSchedule 1 Method — Adjustment period of less than 12 months in the 2010–11 financial year\n\n(paragraph (b))\n\n    The method for calculating the interest rate for the adjustment period is:\n\n![](image.002.png)\n\n    where:\n\n> d is the number of days in the adjustment period.\n\nSchedule 2 Method — Adjustment period of exactly 12 months bridging the  \n2009–10 and 2010–11 financial years\n\n(subparagraph (c) (i))\n\n    The method for calculating the interest rate for the adjustment period is:\n\n![](image.003.png)\n\nwhere:\n\n> d1 is the number of days in the adjustment period in the financial year ending on 30 June 2010.\n\n> d2 is the number of days in the adjustment period in the financial year beginning on 1 July 2010.\n\nSchedule 3 Method — Adjustment period of less than 12 months bridging the 2009–10 and 2010–11 financial years\n\n(subparagraph (c) (ii))\n\n    The method for calculating the interest rate for the adjustment period is:\n\n![](image.004.png)\n\nwhere:\n\n> d1 is the number of days in the adjustment period in the financial year ending on 30 June 2010.\n\n> d2 is the number of days in the adjustment period in the financial year beginning on 1 July 2010.\n\n> Note\n\n> Note: 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument does not expand or narrow who is covered by the Family Law (Superannuation) Regulations; it specifies the interest rate for 2010–11 and the calculation methods for adjustment periods under subregulation 45D, without altering substantive obligations or eligibility in the underlying Regulations."},"complexity_factors":["Single fixed numeric rate (0.083) applied to a specific financial year (paragraph (a)) reduces parameter complexity.","Three distinct calculation methods for different adjustment‑period types (Schedule 1 for <12 months; Schedule 2 for exactly 12 months bridging years; Schedule 3 for <12 months bridging years) increases procedural distinctions.","Formulas require day‑count inputs (d, d1, d2) and simple arithmetic; technical but mechanically straightforward.","Dependence on the underlying Family Law (Superannuation) Regulations 2001—specifically subregulation 45D—for authority and context.","Administrative requirement to select and apply the correct schedule for periods spanning financial years creates modest compliance risk for practitioners."],"plain_english_summary":"This Determination sets the interest rate used when splitting superannuation under the Family Law (Superannuation) Regulations 2001 for the 2010–11 financial year at 0.083 and prescribes three calculation methods for different adjustment‑period types (Schedules 1–3). It commences on 1 July 2010.\n\nThe Australian Government Actuary, acting under subregulation 45D, decides the rate and methods; the rate changes the interest applied to superannuation adjustment periods and requires parties or their advisers to compute day‑count based calculations per the selected schedule."},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This determination performs exactly the function intended by the enabling regulations: setting annual interest rates and calculation methods for superannuation splitting adjustments. It has not expanded beyond its original technical purpose."},"complexity_factors":["Very short document (approximately 1 page of substantive content)","Only 3 defined variables across all schedules (d, d1, d2)","Simple mathematical formulas (basic arithmetic operations)","No nested exceptions or conditional logic beyond the three distinct scenarios","Heavy reliance on external regulations (Family Law (Superannuation) Regulations 2001) for context, but does not require cross-referencing to understand the determination itself","Single purpose instrument with clear, limited scope"],"plain_english_summary":"This determination sets the interest rate for adjusting superannuation splits at 0.083 (8.3%) for the 2010–11 financial year. It governs how to adjust transferred super balances for timing differences, affecting separating couples, family law practitioners, courts and super funds so split amounts remain fair despite payment delays."}},"importantCases":[],"_links":{"self":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010","history":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010/history","analysis":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010/analysis","conflicts":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010/conflicts","importantCases":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010/important-cases","documents":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2010/documents"}}