Document ID: chunk:federal_register_of_legislation:F2025C00069:reg:3:p4
Version: federal_register_of_legislation:F2025C00069
Segment Type: reg
Provision Reference: reg 3 (pt 4/71)
Character Range: 402890–405617

1997.
tax file number has the meaning given by section 299W of the Act.
transaction costs means any of the following:
 (a) brokerage paid because of an investment transaction;
 (b) a cost arising from maintenance of a property investment;
 (c) stamp duty on an investment transaction.

7.04A  Acceptance of contributions—public offer superannuation funds
 (1) For paragraph 31(2)(d) of the Act, the standard mentioned in subregulation (2) applies to a regulated superannuation fund that is a public offer superannuation fund.
 (2) If:
 (a) a person is a member of a standard employer‑sponsored fund; and
 (b) the person is employed by another employer (the new employer) who is not a standard employer‑sponsor of the fund;
the fund must not make its acceptance of contributions from the new employer in respect of the member conditional upon the new employer becoming a standard employer‑sponsor of the fund.

7.05  Accrual of benefits—defined benefit funds
 (1) Subject to subregulation (5), a defined benefit fund may grant an accrual of benefits in respect of a member of the fund who is under age 65.
 (2) Subject to subregulation (5), a defined benefit fund may grant an accrual of benefits in respect of a member of the fund who has reached age 65 but not age 75 only if the accrual is attributable to contributions made in respect of the member that are:
 (a) employer contributions; or
 (b) member contributions.
 (4) Subject to subregulation (5), a defined benefit fund may grant an accrual of benefits in respect of a member who has reached age 75 only if the accrual is attributable to mandated employer contributions.
 (5) A defined benefit fund may grant an accrual of benefits in respect of a member if the trustee is reasonably satisfied that the accrual is in respect of a period during which, under subregulation (1), (2) or (4), the fund may grant an accrual of benefits in respect of that member, even though the grant occurs after that period.

Division 7.2—Contributions to be allocated to members

Subdivision 7.2.1—Superannuation data and payment matters

7.07  Superannuation data and payment matters
  For subsection 34K(1) of the Act, regulations 7.07A to 7.07H prescribe matters to be complied with.

7.07AA  Application
 (1) This regulation is made for subitem 20(6) of Part 4 of Schedule 1 to the Superannuation Legislation Amendment (Stronger Super) Act 2012 (the amending Act).
 (2) This subdivision applies in relation to a medium to large employer on 1 July 2014 in relation to conduct that occurs on or after 1 July 2014.
 (3) This subdivision applies in relation to a small employer on 1 July 2015 in relation to conduct that occurs on or after 1 July 2015.
 (4) In this regulation:
medium to