Superannuation Industry (Supervision) Amendment Regulations 2000 (No. 4) (Cth)

Superannuation Industry (Supervision) Amendment Regulations 2000 (No. 4)1

Statutory Rules 2000 No. 2802

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation Industry (Supervision) Act 1993.

Dated 11 October 2000

WILLIAM DEANE

Governor-General

By His Excellency’s Command

JOE HOCKEY

Minister for Financial Services and Regulation

1Name of Regulations

 These Regulations are the Superannuation Industry (Supervision) Amendment Regulations 2000 (No. 4).

2Commencement

 These Regulations are taken to have commenced on 1 July 2000.

3Amendment of Superannuation Industry (Supervision) Regulations 1994

Schedule 1 amends the Superannuation Industry (Supervision) Regulations 1994.

Schedule 1Amendments

  

(regulation 3)

[1]Subregulation 1.03 (1), before definition of accumulation fund

insert

1997 Tax Act means the Income Tax Assessment Act 1997.

[2]Subparagraphs 1.04 (5) (a) (iv), (v) and (vi)

substitute

• (iv)

  virtual PST assets of a life insurance company within the meaning of the 1997 Tax Act;

• (v)

  segregated exempt assets of a life insurance company within the meaning of the 1997 Tax Act; and

Note 1 PST is defined in regulation 1.03 to mean a pooled superannuation trust.

Note 2 Life insurance company, segregated exempt assets and virtual PST asset, are defined in subsection 995-1 (1) of the 1997 Tax Act.

[3]Subregulation 1.04 (8), notes

omit

Notes

1. These Regulations amend Statutory Rules 1994 No. 57, as amended by 1994 Nos. 189 and 432; 1995 Nos. 47, 64, 142, 158, 159, 240, 293, 384 and 430; 1996 Nos. 44, 57, 122 and 344; 1997 Nos. 69, 117, 152, 153, 221, 243, 293, 309, 343 and 415; 1998 Nos. 76, 83, 108, 175, 177, 193, 240 and 312; 1999 Nos. 14, 31, 115, 239, 317 and 356; 2000 Nos. 119, 151 and 185.

2. Notified in the Commonwealth of Australia Gazette