SMALL SUPERANNUATION ACCOUNTS ACT 1995

PART 1 - INTRODUCTION  

SECTION 4   4   DEFINITIONS  


In this Act, unless the contrary intention appears:

account
means a notional account kept in accordance with section 12 .

child
, of a person, means a child of the person within the meaning of the Superannuation Industry (Supervision) Act 1993 .

complying superannuation fund
has the same meaning as in the Income Tax Assessment Act 1997 .

Note:

The Income Tax Assessment Act 1997 defines complying superannuation fund by reference to section 45 of the Superannuation Industry (Supervision) Act 1993 .

dependant
, in relation to an individual, includes the spouse and any child of the person.

Note:

This expression is only used in the definition of " superannuation contribution " .

deposit
means a payment under section 25 .

deposit form
means a statement under section 26 .

depositor
means a person who makes a payment under section 25 .

employee
has the meaning given by the Schedule.

Note:

The Schedule extends the ordinary meaning of employee .

employer
has the meaning given by the Schedule.

Note:

The Schedule extends the ordinary meaning of employer .

employment
has a meaning corresponding to employee and employer .

Finance Department
means the Department administered by the Finance Minister.

Finance Minister
means the Minister administering the Public Governance, Performance and Accountability Act 2013 .

Government co-contribution
in respect of an individual means a Government co-contribution payable in respect of the individual under the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 .

leave Australia
has the same meaning as in the Migration Act 1958 .

person
has a meaning affected by sections 87 and 90 .

Note 1:

Under section 87 , partnerships are treated as persons.

Note 2:

Under section 90 , unincorporated associations are treated as persons.

provider
, in relation to an RSA, has the same meaning as in the Retirement Savings Accounts Act 1997 .

quarter
means a period of 3 months beginning on 1 July, 1 October, 1 January or 1 April in:


(a) the financial year beginning on 1 July 1995; or


(b) any later financial year.

Reserve
(Repealed by No 8 of 2005)

RSA
has the same meaning as in the Retirement Savings Accounts Act 1997 .

RSA provider
has the same meaning as in the Retirement Savings Accounts Act 1997 .

Special Account
means the Superannuation Holding Accounts Special Account continued in existence by section 8 .

spouse
of a person includes:


(a) another person (whether of the same sex or a different sex) with whom the person is in a relationship that is registered under a law of a State or Territory prescribed for the purposes of section 2E of the Acts Interpretation Act 1901 as a kind of relationship prescribed for the purposes of that section; and


(b) another person who, although not legally married to the person, lives with the person on a genuine domestic basis in a relationship as a couple.

Note:

This expression is only used in the definition of dependant .

superannuation accounts law
means:


(a) this Act; and


(b) the regulations; and


(c) Part III of the Taxation Administration Act 1953 , in so far as that Part relates to this Act or the regulations.

superannuation contribution
, in relation to an individual, means a contribution made to a superannuation fund, an RSA or a superannuation scheme for the purpose of making provision for superannuation benefits for, or for dependants of, the individual.

superannuation fund
means a provident, benefit, superannuation or retirement fund.

superannuation scheme
means a scheme for the payment of superannuation, retirement or death benefits.

tax file number
has the meaning given by section 202A of the Income Tax Assessment Act 1936 .

Unallocated Interest Pool
means the Unallocated Interest Pool kept in accordance with section 42 .




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