Superannuation Industry (Supervision) Regulations 1994
(a) the amount of:
(i) the member's salary at the date of the termination of the member's employment, the date of the member's retirement, or another date; or
(ii) the member's salary averaged over a period; or
(iii) salary, or allowance in the nature of salary, payable to another person (for example, a judicial officer, a member of the Commonwealth or a State Parliament, a member of the Legislative Assembly of a Territory);
(b) a specified amount;
(c) specified conversion factors. 6.31(2) [Death or disability]
A component of a superannuation interest is not a defined benefit component if the only benefits defined by reference to any of the amounts or factors mentioned in subregulation (1) are benefits payable on death or disability.Illiquid investment 6.31(3) [ " illiquid investment " ]
(a) it cannot be converted to cash in less than the time required to rollover or transfer a withdrawal benefit under subregulation 6.34(3) or regulation 6.34A ;
(b) converting it to cash within the time period specified in subregulation 6.34(3) or regulation 6.34A would be likely to have a significant adverse impact on the realisable value of the investment.
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