Document ID: chunk:federal_register_of_legislation:F2024C01248:reg:21:p1
Version: federal_register_of_legislation:F2024C01248
Segment Type: reg
Provision Reference: reg 21 (pt 1/8)
Character Range: 212218–215313

21                                                                                    Judges' Contributory Pensions Act 1968 (Tas.)

995‑1.04  Definition of contributions‑splitting superannuation benefit
  For the purposes of the definition of contributions‑splitting superannuation benefit in subsection 995‑1(1) of the Act, contributions‑splitting superannuation benefit means:
 (a) a payment made in accordance with subregulation 4.42(2) of the RSA Regulations; or
 (b) a payment made in accordance with subregulation 6.45(2) of the SIS Regulations.

995‑1.05  Meaning of superannuation annuity
For the purposes of the definition of superannuation annuity in subsection 995‑1(1) of the Act, superannuation annuity means:
 (a) an income stream that:
 (i) is issued by a life insurance company or registered organisation; and
 (ii) commenced before 20 September 2007; and
 (iii) is an annuity within the meaning of subsection 10(1) of the SIS Act or is a benefit mentioned in subregulation 1.07(1A) of the RSA Regulations; or
 (b) an income stream that:
 (i) is issued by a life insurance company or registered organisation; and
 (ii) is taken to be an annuity for the purposes of the SIS Act in accordance with subregulation 1.05(1) of the SIS Regulations; or
 (c) a deferred superannuation income stream that is taken to be an annuity for the purposes of the SIS Act in accordance with subregulation 1.05(1) of the SIS Regulations because the contract for the provision of the income stream meets the standards of subregulation 1.06A(2) of the SIS Regulations.

995‑1.06  Meaning of terminal medical condition
  For the purposes of the definition of terminal medical condition in subsection 995‑1(1) of the Act, a terminal medical condition exists in relation to a person at a particular time if the following circumstances exist:
 (a) 2 registered medical practitioners have certified, jointly or separately, that the person suffers from an illness, or has incurred an injury, that is likely to result in the death of the person within a period (the certification period) that ends not more than 24 months after the date of the certification;
 (b) at least one of the registered medical practitioners is a specialist practising in an area related to the illness or injury suffered by the person;
 (c) either:
 (i) if there is one certification period—the certification period has not ended; or
 (ii) otherwise—neither of the certification periods has ended.

Chapter 7—Transitional matters

Part 1000‑1—Transitional matters relating to the repeal of the Income Tax Assessment Regulations 1997

1000‑1.01  Definitions
  In this Part:
commencement time means the time this section commences.
old regulations means the Income Tax Assessment Regulations 1997.
repealing regulations means the Treasury Laws Amendment (Income Tax Assessment Repeal and Consequential Amendments) Regulations 2021.

1000‑1.02  This instrument generally applies to income years and financial years starting at or after the commencement time

        (1) Subject to this Part, this instrument applies in relation to