Superannuation Industry (Supervision) Regulations 1994

Note 1:

The Arrangement does not cover all complying superannuation funds. A number of types of superannuation funds and schemes are excluded (for example, self managed superannuation funds and defined benefit interests in defined benefit funds): see regulation 12A.03 .

Note 2:

Amounts covered by the Arrangement are:

(a) payments received by complying superannuation funds from KiwiSaver schemes on or after the day the Arrangement comes into force for Australia; and

(b) superannuation benefits paid to KiwiSaver scheme providers by complying superannuation funds on or after the day the Arrangement comes into force for Australia; and

(c) amounts paid between participating Australian funds if the member ' s benefits include any New Zealand-sourced amount; and

(d) superannuation benefits paid to an individual from an interest that includes any New Zealand-sourced amount; and

(e) amounts paid by the Commissioner of Taxation to a KiwiSaver scheme provider under the Superannuation (Unclaimed Money and Lost Members) Act 1999 .

See regulation 12A.03 .

Note 3:

The matters in this Part are also relevant to Division 312 of Part 3-30 of the Income Tax Assessment Act 1997 , which provides for the taxation treatment of retirement savings to which the Arrangement relates.