Document ID: chunk:federal_register_of_legislation:C2025C00134:section:10:p1
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 10 (pt 1/19)
Character Range: 56435–59160

10  Definitions
 (1) In this Act, unless the contrary intention appears:
ABN has the meaning given by section 41 of the A New Tax System (Australian Business Number) Act 1999.
accrued default amount, for a member of a regulated superannuation fund, has the meaning given by section 20B.
acquirable asset has the meaning given by section 67A.
activity fee has the meaning given by subsection 29V(7).
ADI (authorised deposit‑taking institution) means:
 (a) a body corporate that is an ADI for the purposes of the Banking Act 1959; or
 (b) a State bank.
administration fee has the meaning given by subsection 29V(2).
adopted child, in relation to a person, means a person adopted by the first‑mentioned person:
 (a) under the law of a State or Territory relating to the adoption of children; or
 (b) under the law of any other place relating to the adoption of children, if the validity of the adoption would be recognised under the law of any State or Territory.
advice fee has the meaning given by subsection 29V(8).
AFCA scheme has the same meaning as in the Corporations Act 2001.
amend, in relation to the governing rules of a superannuation entity, includes the insertion of a provision in, or the omission of a provision from, those rules.
annual members' meeting, for a registrable superannuation entity, means a meeting of members of the entity held under subsection 29P(1) for a year of income of the entity.
annuity includes a benefit provided by a life insurance company or a registered organisation, if the benefit is taken, under the regulations, to be an annuity for the purposes of this Act.
approved deposit fund means a fund that:
 (a) is an indefinitely continuing fund; and
 (b) is maintained by an RSE licensee that is a constitutional corporation; and
 (c) is maintained solely for approved purposes.
approved form has the meaning given by section 11A.
approved guarantee has the meaning given by section 11E.
approved purposes, in relation to a fund, means:
 (a) the purpose of receiving on deposit:
 (i) amounts of roll‑over superannuation benefits (within the meaning of the Income Tax Assessment Act 1997); and
 (ia) amounts of directed termination payments (within the meaning of section 82‑10F of the Income Tax (Transitional Provisions) Act 1997); and
 (ii) amounts paid under Part 24 of this Act; and
 (iii) amounts paid under section 65 of the Superannuation Guarantee (Administration) Act 1992; and
 (b) the purpose of dealing with such amounts, in accordance with the rules of the fund, in any way calculated directly or indirectly to enhance the value of, or render profitable, property of the fund; and
 (c) subject to any inconsistent requirement in the standards from time to time applicable