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FAMILY LAW ACT 1975 - SECT 90XM

Payment flag may be terminated by court

  (1)   If a court makes an order under section   90K setting aside a financial agreement in respect of which a payment flag is operating, the court may also make an order terminating the operation of the flag.

Note:   Under section   90XH, a superannuation agreement must be part of a financial agreement. Therefore, setting aside the financial agreement also has the effect of setting aside the superannuation agreement.

  (2)   If a court makes an order under section   90UM setting aside a Part   VIIIAB financial agreement in respect of which a payment flag is operating, the court may also make an order terminating the operation of the flag.

Note:   Under section   90XHA, a superannuation agreement relating to a   de   facto   relationship must be part of a Part   VIIIAB financial agreement. Therefore, setting aside the financial agreement also has the effect of setting aside the superannuation agreement.



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