Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)
Schedule 4 Insurance
Part 6 Other amendments
Life Insurance Act 1995
135 Schedule (after paragraph (a) of the definition of superannuation policy)
Insert:
(aa) a life policy that is owned by the trustee of:
(i) an approved deposit fund (within the meaning of the Superannuation Industry (Supervision) Act 1993); or
(ii) a pooled superannuation trust (within the meaning of that Act); or
(ab) an RSA (within the meaning of the Retirement Savings Accounts Act 1997); or