Document ID: chunk:federal_register_of_legislation:C2022C00273:section:8:p1
Version: federal_register_of_legislation:C2022C00273
Segment Type: section
Provision Reference: s 8 (pt 1/4)
Character Range: 20139–22817

8  Definitions
  In this Act, unless the contrary intention applies:
account, in a fund that is an RSA, means:
 (a) if the RSA is an account—that account; or
 (b) if the RSA is a policy (within the meaning of the RSA Act)—that policy.
accrue, in relation to a benefit for a member of a defined benefits superannuation scheme, has the meaning given by section 9.
ADI (authorised deposit‑taking institution) means a body corporate that is an ADI for the purposes of the Banking Act 1959.
annuity has the same meaning as in the SIS Act.
approved deposit fund has the same meaning as in the SIS Act.
approved form has the meaning given by section 388‑50 in Schedule 1 to the Taxation Administration Act 1953.
choice product has the same meaning as in the SIS Act.
Commissioner means the Commissioner of Taxation.
Commonwealth public sector superannuation scheme means a scheme for the payment of superannuation, retirement or death benefits, where the scheme is established:
 (a) by or under a law of the Commonwealth; or
 (b) under the authority of:
 (i) the Commonwealth; or
 (ii) a municipal corporation, another local governing body or a public authority constituted by or under a law of the Commonwealth.
contribution includes a deposit into an account held at an ADI or a prescribed financial institution and a payment of a premium to a life insurance company.
data processing device means any article or material (for example, a disk) from which information is capable of being reproduced with or without the aid of any other article or device.
defined benefit member means a member entitled, on retirement or termination of his or her employment, to be paid a benefit defined, wholly or in part, by reference to either or both of the following:
 (a) the amount of:
 (i) the member's salary at a particular date, being the date of the termination of the member's employment or of the member's retirement on an earlier date; or
 (ii) the member's salary averaged over a period before retirement;
 (b) a stated amount.
defined benefits superannuation scheme means:
 (a) a public sector superannuation scheme that:
 (i) is a regulated superannuation fund or an exempt public sector superannuation scheme; and
 (ii) has at least one defined benefit member; or
 (b) a regulated superannuation fund (other than a public sector superannuation scheme):
 (i) that has at least one defined benefit member; and
 (ii) some or all of the contributions to which are not allocated to any individual member but are paid into and accumulated in the fund in the form of an aggregate amount.
eligibility age has the meaning given by section 10.
eligible rollover fund has the same meaning as in