Document ID: chunk:federal_register_of_legislation:F2024L00653:body:0:p24
Version: federal_register_of_legislation:F2024L00653
Segment Type: other
Provision Reference: 
Character Range: 98375–102224

investment fees and costs or administration fees and costs: see cl 101of Sch 10. For managed investment products and notified foreign passport fund products, indirect costs form part of management fees and costs: see cl 102(1)(h) of Sch 10.

Indirect Cost Ratio (ICR) (performance component type) / (fees and costs component type)   Means the ratio of the total indirect costs for an investment option, to the average net assets of the investment option over the reporting period. A fee deducted directly from a member's account is not included in the indirect cost ratio.

Indirect Costs (performance component type) / (fees and costs component type)              Has the meaning as in item 101, Schedule 10 of the Corporations Regulations 2001.

Indirect Parent (service provider relationship type)                                       Means where the service provider has a shareholding in a Parent company of the RSE licensee.

Indirect Subsidiary (service provider relationship type)                                   Means where the RSE licensee has a shareholding in a Parent company of the service provider.

Indirectly Held (investment type)                                                          Means an investment made via an investment vehicle.

Individual Advisor Only (access type)                                                      Means superannuation products that can only be accessed by individuals through an approved advisor.
Individual insurance policy                                                                Means a superannuation insurance policy that provides insured benefits in respect of one member.

Individual Insurance Policy (Insurance policy type)                                        Means that the insurance cluster consists of one or more individual insurance policies.

Individual No Advisor Required (access type)                                               Means a superannuation product that can be accessed by individuals without the need for an employer relationship or an approved advisor.
Individually managed mandate                                                               Means an asset portfolio managed by an investment manager in accordance with a formal agreement.

Industrial Body (Service Provider Type)                                                    Means where payments made by or on behalf of the RSE licensee in respect of the RSE during the year of income to another entity who, at the time of receiving the payment, was an organisation (within the meaning of the Fair Work (Registered Organisations) Act 2009).

Industry Association (Service Provider Type)                                               Means an association incorporated in any Australian State or Territory; which represents entities in the superannuation industry.

Infrastructure (strategic sector) / (strategic subsector) / (asset class sector type)      Means the basic physical systems of a country, state or region including transportation, communication, utilities, and public institutions.

Infrastructure Airports (asset class characteristic 2)                                     Means infrastructure investments in airports.

Infrastructure Communications (asset class characteristic 2)                               Means investments in communications infrastructure.

Infrastructure Development (asset class characteristic 1)                                  Means an infrastructure investment predominantly non-income generating and is subject to material levels of construction risk.

Infrastructure Diversified (asset class characteristic 2)                                  Means a diversified portfolio of infrastructure assets.

Infrastructure Energy Assets (asset class characteristic 2)                                Means investments in energy assets such as electricity and