12Family law interest splitting

#### 12 Family law interest splitting (1) Without limiting section 10 or 11, the Rules: (a) may provide that, when a splitting agreement or splitting order is received by CSC in respect of a superannuation interest under this Act: (i) the non‑member spouse is entitled to benefits determined in accordance with the Rules; and (ii) the benefits of the member spouse are reduced in accordance with the Rules; and (b) may include any other provision that is related to, or consequential on, provisions referred to in paragraph (a). (2) In this section: > member spouse means a member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975. > non‑member spouse means a non‑member spouse within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975. > splitting agreement means: (a) a superannuation agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975); or (b) a flag lifting agreement (within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975) that provides for a payment split (within the meaning of that Part). > splitting order means a splitting order within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975. > superannuation interest means a superannuation interest within the meaning of Part VIIIB or VIIIC of the Family Law Act 1975.