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Superannuation Industry (Supervision) Act 1993

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
Australian court

means:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
authorised person

means a person authorised by the Regulator under section 298A for the purposes of the provision in which the expression occurs.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 298A Authorisation of members of staff
Superannuation Industry (Supervision) Act 1993 - 10 Definitions
base amount

, in relation to a defined benefit fund at a particular time, means 120% of:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 83A Definitions
benchmark

means a benchmark mentioned in, or specified in regulations made for the purposes of, subparagraphs 52(9)(a)(i) and (ii) and paragraph 52(9)(aa).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 52 Covenants to be included in governing rules—registrable superannuation entities
beneficiary

, in relation to a fund, scheme or trust, means a person (whether described in the governing rules as a member, a depositor or otherwise) who has a beneficial interest in the fund, scheme or trust and includes, in relation to a superannuation fund, a member of the fund despite the express referen

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
books

includes:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
buy‐sell spread

has the meaning given by subsection 29V(4).

Superannuation Industry (Supervision) Act 1993
child

: Subdivision D of Division 1 of Part VII affects the situations in which a child is a child of a person or is a child of a marriage or other relationship.

Family Law Act 1975 Family Law Act 1975 - 4 Interpretation
choice product

: A class of beneficial interest in a regulated superannuation fund is a choice product unless:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
civil penalty order

means a declaration or order made under section 196.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 196 Court may make civil penalty orders
civil penalty provision

has the meaning given by section 193.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 193 Civil penalty provisions
class

, in relation to an RSE licensee, means (except in subsections 29E(7) and (8)) a class of RSE licence provided for under subsection 29B(2) or (3), or under regulations made for the purposes of subsection 29B(4).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 29B Classes of RSE licences
Superannuation Industry (Supervision) Act 1993 - 29E Conditions imposed on all licences and on groups of licences
Commissioner

means the Insurance and Superannuation Commissioner appointed under the Insurance and Superannuation Commissioner Act 1987 , or a person for the time being acting as Insurance and Superannuation Commissioner under that Act.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
comparable choice products

, in relation to a choice product, means a class of choice product specified in regulations made for the purposes of this definition that the choice product is to be compared with.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
connected entity

, in relation to an RSE licensee of a registrable superannuation entity, means:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
constitutional corporation

means a body corporate that is:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
contributing employer

means an employer having obligations under Part 3B (about the superannuation data and payment regulations and standards).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
controlling stake

: a person holds a controlling stake in an RSE licensee that is a body corporate if the person holds a stake of more than 15% in the RSE licensee.

Superannuation Industry (Supervision) Act 1993
corporate trustee

, in relation to a fund, scheme or trust, means a body corporate that is a trustee of the fund, scheme or trust.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Corporations Law

means the Corporations Law set out in the Corporations Act 1989 .

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions

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