Division 995—Definitions 9951.01 Definitions (1) In these Regulations, unless the contrary intention appears: has: accruing member (a) for the purposes of Schedule 1A—the meaning given by clause 1.1 of that Schedule; and (b) for the purposes of Subdivision 293DA and Schedule meaning given by subregulation 293115.05(2). the Act Income Tax Assessment Act 1997. defined benefit member: (a) means a member of a superannuation fund whose entitlements to superannuation benefits (other than benefits payable on death or disability) are defined by reference to 1 or more of the following matters: member’s salary, or allowance in the nature of salary, at a particular date or averaged over a period; (ii) another individual’s salary, or allowance in the nature of salary, at a particular date or averaged over a period; (iii) a specified amount; conversion factors; but (b) does not include a member of a superannuation fund entitlements to superannuation are defined solely by reference to 1 or more of the following matters: member’s disability superannuation benefits; (ii) the member’s superannuation death benefits; (iii) payments of amounts mentioned in paragraph 30710(a) of the Act (which relates to temporary disability payments). has the meaning given by funded benefit interest subregulation 293115.15(2).
Division 995—Definitions 9951.01 Definitions (1) In these Regulations, unless the contrary intention appears: accruing member has: (a) for the purposes of Schedule 1A—the meaning given by clause 1.1 of that Schedule; and (b) for the purposes of Subdivision 293DA and Schedule meaning given by subregulation 293115.05(2). Act the Income Tax Assessment Act 1997. defined benefit member: (a) means a member of a superannuation fund whose entitlements to superannuation benefits (other than benefits payable on death or disability) are defined by reference to 1 or more of the following matters: member’s salary, or allowance in the nature of salary, at a particular date or averaged over a period; (ii) another individual’s salary, or allowance in the nature of salary, at a particular date or averaged over a period; (iii) a specified amount; conversion factors; but (b) does not include a member of a superannuation fund entitlements to superannuation are defined solely by reference to 1 or more of the following matters: member’s disability superannuation benefits; (ii) the member’s superannuation death benefits; (iii) payments of amounts mentioned in paragraph 30710(a) of the Act (which relates to temporary disability payments). funded benefit interest has the meaning given by subregulation 293115.15(2).
Income_Tax_Assessment_regs_1997.docx