Document ID: chunk:federal_register_of_legislation:F2015L00827:body:0:p6
Version: federal_register_of_legislation:F2015L00827
Segment Type: other
Provision Reference: 
Character Range: 14290–17211

gateways contracted directly or indirectly by the RSE licensee to provide services in relation to processing contributions.

Interpretation

For the purposes of these instructions:

     * capital gains tax (CGT) means tax payable on the capital gain made on the disposal of a non-exempt asset in accordance with the Income Tax Assessment Act 1997;

     * defined benefit RSE means an RSE that is a defined benefit fund within the meaning given in Prudential Standard SPS 160 Defined Benefit Matters;

     * directed termination payment (DTP) means a life benefit termination payment or part payment that an individual has directed to a complying superannuation fund in accordance with section 82-10F of the Income Tax (Transitional Provisions) Act 1997;

     * exempt public sector superannuation scheme (EPSSS) has the meaning given in section 10(1) of the SIS Act and is a public sector scheme nominated by its respective Commonwealth, state or territory government to be exempt from the SIS Act;

     * Member Contributions Statement means the annual statement to be lodged with the Australian Taxation Office to report contributions received by APRA-regulated superannuation entities in respect of their members;

     * RSE means a registrable superannuation entity as defined in section 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, eligible rollover fund, small APRA fund or single member approved deposit fund[5];

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

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

     * Superannuation Data and Payment Standards 2012 means the Standard issued by the Commissioner for Taxation on 24 December 2012, as amended from time to time, which determines the standards relating to superannuation data and payment matters for the purposes of the Superannuation Industry (Supervision) Act 1993; and

     * SuperStream means the package of measures introduced as part of the Stronger Super reforms, comprising enhanced use of tax file numbers for member identification, mandated electronic data and payment standards for funds and employers and associated enabling services provided by the Australian Taxation Office.

    [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 licensee to the extent that they are relevant to, or may impact on, its activities as an RSE licensee. For the avoidance of doubt, if the RSE licensee is trustee of more than one RSE or defined benefit RSE, the RSE licensee must separately provide the information required by the form for each RSE or defined benefit RSE within its business operations.
    [2]  For the avoidance of doubt, if the due date