Superannuation Industry (Supervision) Amendment Regulations 2007 (No. 1) (74 of 2007)

Schedule 3   Amendments commencing on 1 July 2007

[24]   Subregulation 1.08 (3)

substitute

(3) In this regulation, prescribed pension :

(a) means a pension (including a benefit that is taken, under these regulations, to be a pension for the purposes of the Act), other than a benefit that is taken, under subregulation 1.06 (1), to be a pension by reason only that it is provided under rules of a superannuation fund that meet the standards of subregulation 1.06 (2); but

(b) does not include any of the following:

(i) an account-based pension;

(ii) an allocated pension;

(iii) a market linked pension.