FAMILY LAW ACT 1975 - SECT 90XO Limitation on section 79 or 90SM order
FAMILY LAW ACT 1975 - SECT 90XO
Limitation on section 79 or 90SM order(1) A court cannot make an order under section 79 or 90SM with respect to a superannuation interest if:
(a) the superannuation interest is covered by a superannuation agreement that is in force; or
(b) the non - member spouse has served a waiver notice on the trustee under section 90XZA in respect of the interest; or
(c) a payment flag is operating on the superannuation interest.
Note: Under section 90XM, the court can terminate the operation of a payment flag in certain circumstances.
(2) Subsection (1) does not prevent the court taking
superannuation interests into account when making an order with respect to
other property of the spouses.