Document ID: chunk:federal_register_of_legislation:F2015L00809:body:0:p11
Version: federal_register_of_legislation:F2015L00809
Segment Type: other
Provision Reference: 
Character Range: 29195–32031

Report the value of members' benefits for these members separately in item 7.3.1 column 2 and item 7.3.2 column 2. Report the value of members' benefits of defined benefit interests in item 7.3.1 column 2 as the value of defined benefit members' benefits. Report the value of members' benefits of defined contribution interests in item 7.3.2 column 2 as the value of defined contribution members' benefits.

                          Item 7.4 column 1 is a derived item. Report the total number of member accounts in item 7.4 column 1 as the sum of member accounts reported in item 7.1 column 1, item 7.2 column 1 and item 7.3 column 1.

                          Item 7.4 column 2 is a derived item. Report the total value of members' benefits in item 7.4 column 2 as the sum of members' benefits reported in item 7.1 column 2, item 7.2 column 2, item 7.3.1 column 2 and item 7.3.2 column 2.

                          Report the portion of member accounts reported in item 7.4 column 1 that is attributable to defined benefit pensions in item 7.4.1 column 1. Report the portion of members' benefits reported in item 7.4 column 2 as the sum of defined contribution members' benefits and defined benefit members' benefits that is attributable to defined benefit pensions in item 7.4.1 column 2.

Defined benefit pensions  Represents a defined benefit pension within the meaning given in SIS Regulations, r. 9.04E.

Interpretation

For the purposes of these instructions:

     * defined benefit member has the meaning given in SPS 160;

     * defined benefit RSE means an RSE that is a defined benefit fund within the meaning given in SPS 160;

     * RSE means a registrable superannuation entity as defined in section 10(1) of the SIS Act;

     * RSE actuary means an actuary appointed by the RSE licensee to perform functions in relation to its business operations;

     * RSE licensee has the meaning given in section 10(1) of the SIS Act;

     * SGA Act means the Superannuation Guarantee (Administration) Act 1992;

     * SIS Act means Superannuation Industry (Supervision) Act 1993;

     * SIS Regulations means Superannuation Industry (Supervision) Regulations 1994;

     * small APRA fund (SAF) means a regulated superannuation fund, within the meaning given in section 10(1) of the SIS Act, which has fewer than five members and which meets the definition of defined benefit fund in SPS 160;

     * SPS 160  means Prudential Standard SPS 160 Defined Benefit Matters; and

     * sub-fund means a defined benefit sub-fund within the meaning given in SPS 160.

    [1]  For the purposes of this Reporting Standard, an 'RSE licensee's business operations' includes all activities as an RSE licensee (including the activities of each RSE of which it is the licensee), and all other activities of the RSE