Superannuation Legislation Amendment (Broadening Contribution Rules) Regulations 2022 (F2022L01286)
Schedule 1 Amendments
Superannuation Industry (Supervision) Regulations 1994
5 Subregulation 7.04(1) (table)
Repeal the table, substitute:
|
Acceptance of contributions |
||
|---|---|---|
|
Item |
If a member: |
then the fund may accept contributions made in respect of the member that are: |
|
1 |
is less than 55 years |
(a) employer contributions; or (b) member contributions. |
|
2 |
is between 55 and 74 years |
(a) employer contributions; or (b) member contributions. |
|
3 |
is 75 years or older |
(a) mandated employer contributions; or (b) downsizer contributions. |
Note: For table item 2, member contributions include downsizer contributions.