Treasury Laws Amendment (Fair and Sustainable Superannuation) Regulations 2017 (F2017L00321)

Schedule 9   Total superannuation balance

Superannuation Industry (Supervision) Regulations 1994

2   Subregulation 1.03(1)

Insert:

account-based annuity means an annuity provided under a contract that:

(a) is described in paragraph 1.05(11A)(a); and

(b) meets the standards of subregulation 1.05(11A).