Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsIn this Division:
"existing personal superannuation member" means a member of a regulated superannuation fund who:
(a) joined the fund before 1 July 1995; and
(b) at the time he or she joined the fund, was not a person in respect of whom there was in effect a contribution arrangement of the kind referred to in subsection 16 (5) of the Act (which deals with the definition of standard employer‑sponsored member ).