24Transitional provisions relating to certain family law superannuation entitlements arising before 3 March 2011

24 Transitional provisions relating to certain family law superannuation entitlements arising before 3 March 2011

24 Transitional provisions relating to certain family law superannuation entitlements arising before 3 March 2011

(1) If an existing entitlement is an interest that is not able to be calculated until a benefit becomes payable to a member spouse or other person, the entitlement is taken to be operative for the purposes of the Act, section 29C when the benefit becomes payable to the member spouse or other person.

(2) For the purposes of the application of section 20 to an existing entitlement, a non-member spouse must respond to a notice as specified in section 20(4)(d) within 3 months of being given the notice.

(3) In this section—

existing entitlement means a family law superannuation entitlement that arose under a superannuation agreement, flag lifting agreement or splitting order in force before 3 March 2011.