Commonwealth Consolidated Acts Commonwealth Consolidated ActsIn this Act, unless the contrary intention appears:
"approved deposit fund" has the same meaning as in section 10 of the Superannuation Industry (Supervision) Act 1993 .
"assessable income" has the same meaning as in the Income Tax Assessment Act 1997 .
"authorised person" means a person appointed as an authorised person under section 40.
"base interest rate" for a day has the same meaning as in section 8AAD of the Taxation Administration Act 1953 .
"Commissioner" means the Commissioner of Taxation.
"complying superannuation fund" has the same meaning as in the Income Tax Assessment Act 1997 .
"constitutionally protected fund" has the same meaning as in the Income Tax Assessment Act 1997 .
"contributed amounts" has the same meaning as in the Superannuation Contributions Tax (Assessment and Collection) Act 1997 .
"court" includes any tribunal, authority or person having power to require the production of documents or the answering of questions.
"credit" to an RSA that is a policy (within the meaning of the Life Insurance Act 1995 ) means pay as a premium in relation to the policy.
"decision" includes a decision not to make a determination under section 13, 15 or 19.
"dependant" has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .
"eligible personal superannuation contribution" has the meaning given by section 7.
"examinable documents" means any documents relevant to the operation of this Act or the regulations.
"Government co-contribution" means a Government co-contribution payable under this Act.
"higher income threshold" has the meaning given by section 10A.
"hold" : a person holds an RSA account if the person is the holder of the account within the meaning of the Retirement Savings Accounts Act 1997 .
(a) a return under section 161, 162 or 163 of the Income Tax Assessment Act 1936 ; or
(b) a return by the trustee of a deceased person's estate under Subdivision 260-E of Schedule 1 to the Taxation Administration Act 1953 .
"income year" has the same meaning as in the Income Tax Assessment Act 1997 .
"indexation factor" has the meaning given by section 10A.
"infringement notice" means a notice given under section 33.
"lower income threshold" has the meaning given by section 10A.
"low income superannuation contribution" means a low income superannuation contribution payable under this Act.
"member" means a member, or former member, of a superannuation fund or of an approved deposit fund and includes the holder, or former holder, of an RSA.
(a) for a Government co-contribution--the date worked out in accordance with the regulations made for the purposes of section 17; or
(b) for an underpaid amount of a Government co-contribution--the date worked out in accordance with the regulations made for the purposes of section 21.
"prescribed penalty" for a contravention means 5 penalty units for each week or part of a week during which the contravention continues.
Note: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
"produce" a document includes permit access to the document.
"provider" of an RSA has the same meaning as in the Retirement Savings Accounts Act 1997 .
"reportable fringe benefits total" has the same meaning as in the Income Tax Assessment Act 1936 .
"RSA" has the same meaning as in the Retirement Savings Accounts Act 1997 .
"Superannuation Holding Accounts Special Account" means the Superannuation Holding Accounts Special Account continued in existence by section 8 of the Small Superannuation Accounts Act 1995 .
"superannuation provider" means:
(a) the trustee of a complying superannuation fund; or
(b) the provider of an RSA; or
(c) the trustee of a constitutionally protected fund.
"taxation officer" means a person employed or engaged under the Public Service Act 1999 who is:
(a) exercising powers; or
(b) performing functions;
under, pursuant to or in relation to a taxation law (as defined in section 2 of the Taxation Administration Act 1953 ).
"total income" of a person for an income year has the meaning given by section 8.
"trustee" of a superannuation fund, or constitutionally protected fund, means:
(a) if there is a trustee (within the ordinary meaning of that expression) of the fund--the trustee; or
(b) otherwise--the person who manages the fund.
"trustee" , when used in relation to a deceased person's estate, has the same meaning as in the Income Tax Assessment Act 1936 .
"underpaid amount" of a Government co-contribution has the meaning given by subsection 19(2).