13AFamily Law (splitting of superannuation interests)

13A Family Law (splitting of superannuation interests)

[Section 13A Inserted by No. 55 of 2003, s. 7, Applied:25 Sep 2003]

(1)  A pension payable under this Act –

(a) is to be reduced to take into account any commutation of the pension under section 10A or 10B ; and

(b) is subject to Schedule 1 which carries into effect the provisions of the Family Law Act 1975 of the Commonwealth relating to the splitting of superannuation interests, as defined in Part VIIIB of that Act.

(2)  A lump sum payment under this Act is subject to Schedule 1 .