This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.

Superannuation Industry (Supervision) Act 1993

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
legal personal representative

means the executor of the will or administrator of the estate of a deceased person, the trustee of the estate of a person under a legal disability or a person who holds an enduring power of attorney granted by a person.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
licensing transition period

means the period:

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

has the meaning given by subsection 29TC(2).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 29TC Characteristics of a MySuper product
listed public company

means a company any of the shares in the capital of which are listed for quotation in the official list of a stock exchange in Australia or elsewhere.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 83A Definitions
listed security

has the meaning given by subsection 66(5).

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 66 Acquisitions of certain assets from members of regulated superannuation funds prohibited
loan

includes the provision of credit or any other form of financial accommodation, whether or not enforceable, or intended to be enforceable, by legal proceedings.

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

means lodge with the Regulator.

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

, in relation to an asset, means the amount that a willing buyer of the asset could reasonably be expected to pay to acquire the asset from a willing seller if the following assumptions were made:

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
maximum permitted amount

, in relation to a defined benefit fund at a particular time, means the sum of:

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

has a meaning affected by section 15B.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 15B Modified meaning of member
member representative

, in relation to a group of trustees of a fund, a policy committee of a fund or the board of directors of a corporate trustee of a fund, means a member of the group, committee or board, as the case may be, nominated by:

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

includes additions, omissions and substitutions.

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

: A member of a regulated superannuation fund is a MySuper member of the fund if the member holds a beneficial interest in the fund of a class that the RSE licensee of the fund is authorised to offer as a MySuper product.

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

: A class of beneficial interest in a regulated superannuation fund is a MySuper product if an RSE licensee is authorised under section 29T to offer that class of beneficial interest in the fund as a MySuper product.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 29T Authority to offer a MySuper product
occurrence of an event

includes the coming into existence of a state of affairs.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
oldPart24

means Part 2 4 as in force at any time before 1 July 1995.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 250 Definitions
old‐age pensions

has the same meaning as in paragraph 51(xxiii) of the Constitution.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
ongoing fee arrangement

has the meaning given by section 962A.

Corporations Act 2001
Part6A product

has the meaning given by section 60B.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
Superannuation Industry (Supervision) Act 1993 - 60B Meaning of Part 6A product
Part8 associate

has the meaning given by Subdivision B of Division 1 of Part 8.

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

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.