SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 13.22A Definitions for Division 13.3A

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 13.22A

    In this Division:

"business real property" has the meaning given in subsection   66(5) of the Act.

"lease arrangement" means any agreement, arrangement or understanding in the nature of a lease (except a lease) under which one party is to use, or control the use of, property of another party, whether or not the agreement, arrangement or understanding is enforceable, or intended to be enforceable, by legal proceedings.

"trustee" , of a unit trust, means a trustee acting in the capacity of trustee.