47Application of this Division

47 Application of this Division

For the purposes of subparagraph 90XT(1)(c)(i) or 90YY(1)(c)(i) of the Act for a superannuation interest that is a percentage‑only interest, this Division sets out how to calculate the amount that the non‑member spouse is entitled to be paid under a splitting order for each splittable payment that becomes payable in respect of the interest.

Note: A percentage‑only interest is defined in section 11 of this instrument, and includes a superannuation interest in a superannuation annuity.