Superannuation flagging on separation

On separation — super interest splittable under Pt VIIIB Family Law Act.

mediumcurrentevent driven

Who must comply

Separating couples (married + de facto) + super trustees + family lawyers.

What triggers it

Family law settlement involving super.

When due

Notification + implementation per court order.

Evidence required

Flag/split order + super trustee notification.

Max penalty

Summary

Family Law Act 1975 Pt VIIIB + 2024 amendments. Super flagging via flag order; splitting via court order or binding financial agreement. Trustee notification required. Tax + insurance implications.

Enforced by

Source legislation

Topics

family-lawsuperannuation

Source: https://www.fcfcoa.gov.au. Rules Mate is not a law firm. Always verify against the live regulator source before acting.