Document ID: chunk:federal_register_of_legislation:F2024C01248:reg:6:p2
Version: federal_register_of_legislation:F2024C01248
Segment Type: reg
Provision Reference: reg 6 (pt 2/21)
Character Range: 129256–132153

Note: For superannuation death benefit, see subsection 995‑1(1) of the Act.
domestic (home) duties means a component of a disability insurance policy that insures against a disability that results in a member being:
 (a) unable to perform the member's normal domestic duties; and
 (b) unable to leave the member's home unaided; and
 (c) incapacitated to such an extent that the member is unlikely to ever engage in normal domestic duties or any gainful employment.
loss of limb means a component of a disability insurance policy that insures against the permanent loss of:
 (a) the sight in both the member's eyes resulting in blindness; or
 (b) the use of 2 or more of the member's limbs, feet or hands; or
 (c) the sight in one of the member's eyes resulting in blindness in that eye and the use of one of the member's limbs, feet or hands.
normal domestic duties means the tasks performed by an individual whose sole occupation is to maintain the individual's family home, including:
 (a) unassisted cleaning of the individual's home; and
 (b) cooking of meals for the individual's family; and
 (c) doing the laundry for the individual's family; and
 (d) shopping for food for the individual's family; and
 (e) taking care of any dependent children.
TPD any occupation means insurance against the member suffering an illness or injury that is likely to result in the member's permanent inability to engage in gainful employment for which the member is reasonably qualified by education, training or experience.
TPD own occupation means insurance against the member suffering an illness or injury that is likely to result in the member's permanent inability to engage in gainful employment in the member's own occupation, where inability to engage in gainful employment includes the inability to work otherwise than in a substantially reduced capacity to that in which the member worked before suffering the illness or injury.

Division 301—Superannuation member benefits paid from complying plans etc.

Subdivision 301‑D—Departing Australia superannuation payments

301‑170.01  Departing Australia superannuation payments
 (1) For the purposes of subparagraph 301‑170(1)(b)(i) of the Act, the following regulations are specified:
 (a) regulations 6.20A, 6.20B and 6.24A of the SIS Regulations;
 (b) regulation 4.23A of the RSA Regulations.
Note: A superannuation lump sum paid to a person in accordance with the regulations specified in this section is a departing Australia superannuation payment (see subsection 301‑170(1) of the Act).
 (2) For the purposes of subsection 301‑170(4) of the Act, a superannuation lump sum that is paid to a KiwiSaver scheme provider under subsection 20H(2) or (2AA) of the Superannuation (Unclaimed Money and Lost Members) Act 1999 is prescribed.
Note: A superannuation lump sum prescribed by this subsection is not a departing Australia superannuation payment