Document ID: chunk:federal_register_of_legislation:F2024C01248:reg:6:p18
Version: federal_register_of_legislation:F2024C01248
Segment Type: reg
Provision Reference: reg 6 (pt 18/21)
Character Range: 170501–173336

the fund held for the collective benefit of those individuals.

307‑205.02E  Value of superannuation interest—pooled investment annuities
 (1) For the purposes of paragraph 307‑205(1)(a) of the Act, the value at a particular time of an individual's superannuation interest that supports a pooled investment annuity is the value of so much of the collective pool of assets held by the life insurance company at that time as is:
 (a) attributed to the individual under the contract for the provision of the pooled investment annuity; and
 (b) specified in an actuary's certificate.
 (2) A pooled investment annuity is a superannuation income stream supported by an individual's superannuation interest if:
 (a) the superannuation income stream is a superannuation annuity provided by a life insurance company; and
 (b) the contract for the provision of the income stream ensures that, once payments of the income stream start, the income stream is to continue for the remainder of the individual's life; and
 (c) the contract for the provision of the income stream ensures that the amounts of those payments are determined by having regard to:
 (i) the age, life expectancy or other factors relevant to the mortality of each individual who has that kind of superannuation interest with the life insurance company; and
 (ii) the pool of assets held by the life insurance company for the collective benefit of those individuals; and
 (d) at least 50 entities have superannuation interests (of any kind) with the life insurance company.

Part 3‑45—Rules for particular industries and occupations

Division 393—Farm management deposits

Subdivision 393‑B—Meaning of farm management deposit and owner

393‑20.01  Application form for a farm management deposit—information given by depositor
  For the purposes of paragraph 393‑20(2)(b) of the Act, a form used to apply to an FMD provider to make a farm management deposit must require the depositor to provide the following information:
 (a) the depositor's name, address, date of birth and telephone number;
 (b) the amount of the deposit;
 (c) a description of the major commodity or commodities produced in the year of the deposit;
 (d) if the depositor is not the owner of the deposit—the owner's name, address and date of birth.
Note 1: Subsection 393‑20(2) of the Act requires a depositor to apply to an FMD provider to make a farm management deposit with the FMD provider.
Note 2: Under paragraph 393‑20(2)(a) of the Act, the application form must also permit the depositor to state the owner's tax file number in the form.

393‑20.02  Application form for a farm management deposit—information given to depositor
  For the purposes of paragraph 393‑20(2)(c) of the Act, a form used to apply to an FMD provider to make a farm management deposit must contain:
 (a) one of the statements