Document ID: chunk:federal_register_of_legislation:F2024L00653:body:0:p30
Version: federal_register_of_legislation:F2024L00653
Segment Type: other
Provision Reference: 
Character Range: 127420–131205

– investments.

IT Services(expense type)                                                                  Means the expense incurred for corporate IT services for the RSE licensee in respect of the RSE.

L

Legacy Product                                            Means a superannuation product that is closed to new members but existing members may continue to make contributions.

Legal (expense type)                                      Means the expense incurred for any legal service providers.

Less Cover Than Default (current level of cover)          Means where, the member has cover as at the reporting date, but they have elected to have less cover than the Default Level Of Cover.

Life Company Guaranteed (Investment vehicle type)         Means the provision of benefits payable under an 'investment account contract', where an 'investment account contract' is a contract within the meaning given in s 14(2) of the Life Insurance Act 1995.
Life Company Investment Linked (investment vehicle type)  Means the provision of benefits payable under an 'investment-linked contract', where an 'investment-linked contract' is a contract within the meaning given in s 14(4) of the Life Insurance Act 1995.
Life Company Other (investment vehicle type)              Means any investment in a life insurance company that does not otherwise fall into the definition of life company guaranteed or life company investment linked.
Life insurance                                            Means a death benefit provided in accordance with section 68AA(1)(b) of the SIS Act.
Life Insurance (insurance cover type)                     Means insurance cover that is provided for life insurance.
Life insurance company                                    Means a company registered by APRA under section 17 of the Life Insurance Act 1995.
Life insurance company ABN                                Means the ABN of a life insurance company.
Life insurance company name                               Means the business name of a life insurance company.
Lifecycle exception                                       Has the meaning as in section 29TC(2) of the SIS Act.
Lifecycle Option (investment menu type)                   Means an investment menu that combines one or more age or life stages of a lifecycle investment strategy together.
Lifecycle product                                         Means a superannuation product to which a lifecycle exception applies.
Listed (listing type)                                     Means a financial instrument that is traded through an Australian or international stock exchange.
Listed Investment Company (investment option type)        Means a listed investment vehicle that offers access to a portfolio of shares.
Listing type                                              Means if the financial instrument reported is traded through an Australian or international stock exchange, the selections available are:
                                                              * Listed;
                                                              * Unlisted; and
                                                              * Not Specified; and
                                                              * Not Applicable.
Loan                                                      Means a financial asset which is created when a creditor lends funds directly to a debtor, and is evidenced by documents that are non-negotiable.
Lost Member Search Fee (activity fee type)                Means a fee charged to a member that is triggered upon a lost member search.

M

Male (sex)                                                        Means persons who have male or predominantly masculine biological characteristics, or male sex assigned at