Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p44
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 44/59)
Character Range: 7977148–7979887

provider (within the meaning of the KiwiSaver Act 2006 of New Zealand).
Kyoto unit has the same meaning as in the Australian National Registry of Emissions Units Act 2011.
labour hire notional withheld amount has the meaning given by section 16‑125 in Schedule 1 to the Taxation Administration Act 1953.
labour mobility program withholding tax means income tax payable under Subdivision 840‑S.
Note: The tax is imposed by the Income Tax (Labour Mobility Program Withholding Tax) Act 2012 and the rate of the tax is set out in that Act.
Laminaria and Corallina decommissioning levy means levy imposed by the Offshore Petroleum (Laminaria and Corallina Decommissioning Cost Recovery Levy) Act 2022.
landcare operation has the meaning given by section 40‑635.
large withholder has the meaning given by section 16‑95 in Schedule 1 to the Taxation Administration Act 1953.
last retirement day means:
 (a) if an individual's employment or office would have terminated when he or she reached a particular age or completed a particular period of service—the day he or she would reach the age or complete the period of service (as the case may be); or
 (b) in any other case—the day on which he or she would turn 65.
laundry expense has the meaning given by section 900‑40.
law enforcement agency has the meaning given by section 355‑70 in Schedule 1 to the Taxation Administration Act 1953.
legal personal representative means:
 (a) an executor or administrator of an estate of an individual who has died; or
 (b) a trustee of an estate of an individual who is under a legal disability; or
 (c) a person who holds a general power of attorney that was granted by another person.
legal practitioner means a person who is enrolled as a barrister, a solicitor or a barrister and solicitor of:
 (a) a federal court; or
 (b) a court of a State or Territory.
leisure facility has the meaning given by subsection 26‑50(2).
lesser benefits:
 (a) under an *indirect value shift, has the meaning given by paragraph 727‑150(3)(a); and
 (b) under a *presumed indirect value shift, has the meaning given by paragraph 727‑855(1)(c).
liability, of a *sub‑fund of a *CCIV, means any of the liabilities of the sub‑fund, ascertained in accordance with Subdivision C of Division 3 of Part 8B.5 of the Corporations Act 2001.
liability for incurred claims has the same meaning as in the *applicable insurance contracts accounting standard.
Note: For how to work out the adjusted liability for incurred claims, see section 321‑20.
liability for remaining coverage has the same meaning as in the *applicable insurance contracts accounting standard.
Note: For how to work out the adjusted liability for remaining coverage, see section 321‑60.
liable entity has the meaning