, in relation to benefit fund rules or an amendment of benefit fund rules, has the meaning given by subsection (2).

means a benefit fund for which there are rules.

means rules (as amended from time to time by amendments in force under section 16T) in relation to which the following conditions are satisfied:

(a) an approval under section 16L is in force in relation to the rules; and

has the same meaning as in Part 6.

means participating business carried on in Australia.

, in relation to a statutory fund at a particular time, means the total of:

(a) the starting amount; and

(b) the total of the amounts allocated, before that time, under paragraph 60(1)(a);

less:

has the same meaning as in Part 6.

means a person appointed under section 127.

means a fund:

(a) that is established to provide benefits in accordance with rules of a friendly society; and

(b) that is established in the records of the friendly society.

, in relation to a benefit fund, means the rules referred to in paragraph (a) of the definition of

benefit fund

.

means:

(a) in relation to recordsthe body corporate by which, or for which, the records are kept; and

(b) in relation to the execution of a warrantthe body corporate to whose records the warrant relates.

means a policy issued, before a child has reached full age, by a person other than the child, which contains one or both of the following:

, when used in a provision outside Chapter 7, has the same meaning as it has in Chapter 7.

means the provisions of the prudential standards that relate to the conversion or writing off of:

(a) Additional Tier 1 and Tier 2 capital; or

(b) any other instrument.

: an entity (the

first entity

) is a

for an instrument

if:

: an instrument

into one or more ordinary shares of an entity including by redeeming or cancelling the instrument or rights under the instrument, and replacing the instrument or rights with ordinary shares.

, in relation to a warrant, means:

(a) a person named in the warrant as a person authorised to do the acts set out in subsection 144(3); or

(b) a person assisting a person referred to in paragraph (a).

has the meaning given by section 16C.

means:

(a) in relation to a policy issued before 18 May 1989the age of 21 years; and

(b) in relation to a policy issued on or after 18 May 1989 but before the commencement of this Actthe age of 18 years; and

has the meaning given by subsection 16ZB(2).

(2) For the purposes of this Act, benefit fund rules of a company have, or an amendment of benefit fund rules of a company has, been

adequately adopted

if: