Document ID: chunk:federal_register_of_legislation:C2025C00162:section:9:p6
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 9 (pt 6/8)
Character Range: 126401–129301

a public unit trust;
 (b) an investment in an insurance bond;
 (c) an investment with a friendly society;
 (d) an investment in a superannuation fund;
 (e) an investment in an approved deposit fund;
 (g) an investment in an ATO small superannuation account;
 (h) an asset‑tested income stream (lifetime) that does not arise under arrangements that are regulated by the Superannuation Industry (Supervision) Act 1993.
Note 1: For paragraph (d), see paragraph (1C)(a) for superannuation investments held before pension age is reached.
Note 2: For paragraph (e), see paragraph (1C)(b) for investments in approved deposit funds held before pension age is reached.
Note 4: For paragraph (g), see paragraph (1C)(ca) for investments in ATO small superannuation accounts held before pension age is reached.
Note 5: For paragraph (h), see paragraph (1C)(j) for a person's asset‑tested income stream (lifetime) that does not arise under arrangements that are regulated by the Superannuation Industry (Supervision) Act 1993 if the person's assessment day (within the meaning of section 1120AB) for the income stream has occurred.
 (1C) The following are not managed investments for the purposes of this Act:
 (a) an investment in a superannuation fund if the investor has not yet reached pension age;
 (b) an investment in an approved deposit fund if the investor has not yet reached pension age;
 (ca) an investment in an ATO small superannuation account if the investor has not yet reached pension age;
 (d) deposit money;
 (e) a loan;
 (f) an asset‑test exempt income stream;
 (g) an asset‑tested income stream (long term);
 (h) an asset‑tested income stream (short term);
 (i) a person's asset‑tested income stream (lifetime) that arises under arrangements that are regulated by the Superannuation Industry (Supervision) Act 1993;
 (j) a person's asset‑tested income stream (lifetime) that does not arise under arrangements that are regulated by the Superannuation Industry (Supervision) Act 1993 if the person's assessment day (within the meaning of section 1120AB) for the income stream has occurred.
Note 2: For deposit money see subsection 8(1).
Note 3: For provisions relating to when a loan is taken to be made see subsection (2).
 (1D) To avoid doubt, none of the following is a financial investment for the purposes of this Act:
 (a) an accommodation bond;
 (b) an accommodation bond balance;
 (c) a refundable deposit;
 (d) a refundable deposit balance.
 (1E) The Secretary may, by legislative instrument, determine guidelines to be complied with when designating an income stream for the purposes of the definition of income stream in subsection (1).
 (1EA) The Minister may, by legislative instrument, determine requirements for the purposes of paragraph (j) of the definition of financial investment in subsection (1).
 (1F) An income stream is a defined benefit income stream if:
 (a) under the