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Family Law (Superannuation) Regulations 2025
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Turn the raw legal text into a practical explanation grounded in Family Law (Superannuation) Regulations 2025.
(1) For the purposes of paragraph 119(1)(i), the growth phase information for the superannuation interest is as follows: (a) the account balance of the deferred annuity at the appropriate date; (b) the information mentioned in subparagraphs 122(1)(d)(i) and (ii) and paragraphs 122(1)(e) and (g).
Note: The trustee is not required to provide the information mentioned in paragraph (a) unless a record of it is in the trustee’s possession, power or control (see paragraph 125(1)(b)).
(2) If: (a) as a result of paragraph (1)(b), paragraph 122(1)(g) applies to the application for information about the superannuation interest; and (b) the trustee, in response to the application: (i) provides the gross value of the interest at the appropriate date, determined in accordance with a method or factors approved by the Minister under section 62; but (ii) does not provide sufficient information to enable the applicant to check whether that gross value of the interest has been correctly determined in accordance with the approved method or factors; and (c) the applicant makes a further application that complies with subsection 90XZB(3) or 90YZR(3) of the Act for specific underlying valuation information for the interest; then, for the purposes of subsection 90XZB(3) or 90YZR(3) of the Act, that specific underlying valuation information is information that must be provided by the trustee in response to the further application within a reasonable time.
Note: For paragraph (c), section 90XZB or 90YZR of the Act does not prevent the applicant from making further applications, that comply with that section, for information about the superannuation interest.
(3) Subsection 140(2) applies to specific underlying valuation information provided by the trustee to the applicant under subsection (2) of this section.