29Meaning of value of the non‑member spouse’s entitlement

29 Meaning of value of the non‑member spouse’s entitlement

(1) In this Subdivision, the value of the non‑member spouse’s entitlement for the superannuation interest at a particular time is: (a) the value at that time calculated in accordance with Part 2 of Schedule 2, if: (i) the superannuation agreement or flag lifting agreement identified the percentage that was to apply for the purposes of subparagraph 90XJ(1)(b)(i) or 90YN(1)(b)(i) of the Act; and (ii) the splitting order was made under paragraph 90XT(1)(c) or 90YY(1)(c) of the Act; or (b) the value at that time calculated in accordance with Part 3 of Schedule 2, if: (i) the superannuation agreement or flag lifting agreement identified a percentage that was to apply for the purposes of subparagraph 90XJ(1)(b)(ii) or 90YN(1)(b)(ii) of the Act; and (ii) the splitting order was made under paragraph 90XT(1)(b) or 90YY(1)(b) of the Act.