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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)
enhanced director obligations

means:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 242L Additional obligations of a director of a corporate trustee in relation to an eligible rollover fund
enhanced trustee obligations

means:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 242K Additional obligations of a trustee in relation to an eligible rollover fund
Superannuation Industry (Supervision) Act 1993 - 54A Regulations may prescribe other covenants
entity

means any of the following:

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

has the meaning given by subsection 99B(2).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 99B No entry fees
evidential burden

, in relation to a matter, means the burden of adducing or pointing to evidence that suggests a reasonable possibility that the matter exists or does not exist.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
excluded approved deposit fund

means an approved deposit fund:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
excluded instalment trust

, of a superannuation fund, means a trust:

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

, in relation to a body corporate, means a person, by whatever name called and whether or not a director of the body, who is concerned, or takes part, in the management of the body.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
exempt public sector superannuation scheme

means a public sector superannuation scheme that is specified in regulations made for the purposes of this definition.

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

has the meaning given by subsection 99BA(2) .

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 29V Fees that may be charged in relation to a MySuper product
expert

, in relation to a matter, means a person whose profession or reputation gives authority to a statement made by him or her in relation to that matter.

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

, in relation to MySuper products, means the rules in Division 5 of Part 2C.

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

includes an ASIC Act financial product but does not include:

Corporations Act 2001
financial product advice

has the meaning given by section 766B.

Corporations Act 2001
financial services licensee

means a person who holds an Australian financial services licence.

Corporations Act 2001
function

includes duty.

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

means a regulated superannuation fund or an approved deposit fund.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 250 Definitions
fund’s accrued actuarial liabilities

, at a particular time, means the total value, as certified by an actuary, of the future benefit entitlements of members of the fund in respect of membership up to that time based on assumptions about future economic conditions and the future of matters affecting membership of the fund, being ass

Superannuation Industry (Supervision) Act 1993
fund’s liabilities in respect of vested benefits

, at a particular time, means the total value of the benefits payable from the fund to which the members of the fund would be entitled if they all voluntarily terminated their service with their employers at that time.

Superannuation Industry (Supervision) Act 1993
general administration table

means the table in section 6.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 6 General administration table

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