{"id":"F2013L01288","name":"Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2013","slug":"family-law-superannuation-interest-rate-for-adjustment-period-determination-2013","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":437858,"registerId":"F2013L01288-fast-fetch-1775954530397","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2013","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n    ![Commonwealth Coat of Arms](image.001.png)\n\n \n\n \n\nFamily Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2013\n\nI, Peter Colin Martin, Australian Government Actuary, make the following determination under regulation 45D of the Family Law (Superannuation) Regulations 2001.\n\nDated: 28 June 2013\n\nPeter Colin Martin\n\nAustralian Government Actuary\n\n \n\n \n\n \n\n \n\nContents\n\n1 Name of determination\n\n2 Commencement\n\n3 Authority\n\n4 Definition\n\n5 Adjustment period—financial year\n\n6 Adjustment period—less than 12 months within financial year\n\n7 Adjustment period—12 months not within financial year\n\n8 Adjustment period—less than 12 months not within financial year\n\n \n\n1  Name of determination\n\n  This determination is the Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2013.\n\n2  Commencement\n\n  This determination commences immediately after the commencement of the Family Law (Superannuation) Amendment (ABS) Regulation 2013.\n\n3  Authority\n\n  This determination is made under regulation 45D of the Family Law (Superannuation) Regulations 2001.\n\n4  Definition\n\n  In this determination:\n\nregulations means the Family Law (Superannuation) Regulations 2001.\n\n5  Adjustment period—financial year\n\n  For subregulation 45D(3) of the regulations, the interest rate for the adjustment period, being the financial year beginning on 1 July 2013, is 0.073.\n\n6  Adjustment period—less than 12 months within financial year\n\n (1) This section applies to an adjustment period of less than 12 months that begins and ends in the financial year beginning on 1 July 2013.\n\n (2) For subregulation 45D(4) of the regulations, the method for working out the interest rate for the adjustment period is by using the formula:\n\n![](image.002.png)\n\nwhere:\n\nd is the number of days in the adjustment period.\n\n7  Adjustment period—12 months not within financial year\n\n (1) This section applies to an adjustment period of 12 months that begins in the financial year beginning on 1 July 2012 and ends in the financial year beginning on 1 July 2013.\n\n (2) For subregulation 45D(6) of the regulations, the method for working out the interest rate for the adjustment period is by using the formula:\n\n![](image.003.png)\n\n  where:\n\nd1 is the number of days in the adjustment period in the financial year beginning on 1 July 2012.\n\nd2 is the number of days in the adjustment period in the financial year beginning on 1 July 2013.\n\n8  Adjustment period—less than 12 months not within financial year\n\n (1) This section applies to an adjustment period of less than 12 months that begins in the financial year beginning on 1 July 2012 and ends in the financial year beginning on 1 July 2013.\n\n (2) For subregulation 45D(6) of the regulations, the method for working out the interest rate for the adjustment period is by using the formula:\n\n![](image.004.png)\n\n  where:\n\nd1 is the number of days in the adjustment period in the financial year beginning on 1 July 2012.\n\nd2 is the number of days in the adjustment period in the financial year beginning on 1 July 2013.\n\n \n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function intended by regulation 45D of the Family Law (Superannuation) Regulations 2001: it specifies the annual interest rate for adjustment periods and provides the required methodology for calculating rates when periods cross financial year boundaries. The scope remains tightly confined to this technical calculation function."},"complexity_factors":["Only 1 defined term ('regulations')","Straightforward mathematical formulas (weighted averages based on days)","Four discrete scenarios with no nested exceptions","No cross-references to external legislation beyond the enabling regulation","Single purpose instrument: sets one number (7.3%) and the method for applying it across year boundaries","Total length: 8 short sections, approximately 1 page of substantive content"],"plain_english_summary":"This determination fixes the interest rate used to adjust superannuation splits at 7.3% for the 2013–14 financial year. It applies when separating or divorcing couples divide retirement savings, affecting family lawyers and super funds because the rate changes the cash value transferred. The instrument also sets pro‑rata/blended calculations where the adjustment period spans part or all of the year."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"This determination does not change who is covered by the Family Law (Superannuation) Regulations; it operates under regulation 45D to specify the numeric interest rate and the arithmetical methods for calculating that rate across specified adjustment periods (financial year beginning 1 July 2013 and periods crossing 2012–13/2013–14). It implements computation mechanics rather than altering substantive eligibility, obligations or parties' coverage."},"complexity_factors":["Short, targeted instrument that only sets a single numeric interest rate (0.073) for a specified financial year.","Provides simple day‑count formulas to prorate the annual rate for adjustment periods shorter than 12 months or spanning two financial years (uses d, d1, d2 day counts).","Relies on and must be applied under regulation 45D of the Family Law (Superannuation) Regulations 2001 (external reference point required).","Commencement is tied to the commencement of another instrument (Family Law (Superannuation) Amendment (ABS) Regulation 2013), creating a sequencing dependency.","Applies only to narrowly defined temporal cases (adjustment periods beginning/ending in the financial years starting 1 July 2012 and 1 July 2013).","Purely mathematical specification—no discretionary agency determinations or policy guidelines in the text."],"plain_english_summary":"**What it changes:** This determination fixes the interest rate used to adjust superannuation balances in family law property settlements. It sets a rate of 0.073 for the financial year beginning 1 July 2013 and supplies formulas to prorate that rate for shorter or cross‑year adjustment periods.\n\n**Who it affects and why it matters:** Separating couples, their lawyers and superannuation trustees use these figures to calculate credits or debits for adjustment periods; the result changes how much is paid or received in a superannuation adjustment."},"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"}},"importantCases":[],"_links":{"self":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013","history":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013/history","analysis":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013/analysis","conflicts":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013/conflicts","importantCases":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013/important-cases","documents":"/api/acts/family-law-superannuation-interest-rate-for-adjustment-period-determination-2013/documents"}}