78Application of this Division

78 Application of this Division

(1) This Division applies to a superannuation interest for the purposes of subsection 38(2) or paragraph 46(a).

Note: This Division does not apply to a payment split in respect of a small superannuation accounts interest (see paragraph 38(1)(a) or section 46).

(2) If a payment split is a second or later payment split applicable to a splittable payment for the superannuation interest, this Division applies as if it were modified as described in Schedule 12.

Note: Sections 90XX and 90YZN of the Act provide for the order in which multiple payment splits that apply to the same splittable payment are to be calculated.