Document ID: chunk:federal_register_of_legislation:C2007A00029:clause:3_12
Version: federal_register_of_legislation:C2007A00029
Segment Type: clause
Provision Reference: sch 3 cl 12
Character Range: 7006–7712

12  Subsection 5J(1E)
Repeal the subsection, substitute:

 (1E) An income stream is a defined benefit income stream if:
 (a) under the Superannuation Industry (Supervision) Regulations 1994, the income stream is taken to be a pension for the purposes of the Superannuation Industry (Supervision) Act 1993; and
 (b) the income stream is provided under rules that meet the standards of subregulation 1.06(2) of the Superannuation Industry (Supervision) Regulations 1994; and
 (c) the income stream is attributable to a defined benefit interest within the meaning of the Superannuation Industry (Supervision) Regulations 1994 (for this purpose, disregard subparagraph 1.03AA(1)(b)(ii) of those regulations).