OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)

PART II - SUPERANNUATION FUNDS  

Division 2 - Information on fund management  

Subdivision A - Preliminary  

REGULATION 18C   INTERPRETATION  

18C(1)   [ Definitions ]  

In this Division, unless the contrary intention appears:

body
means an unincorporated body;

business hours
, in relation to a place, means the period from 9.00 a.m. to 5.00 p.m. on a day other than a Saturday, a Sunday or a day that is a public holiday in that place;

multi-member fund
means a superannuation fund:

(a) that, in relation to a reporting period or year of income of the fund, had more than 4 members at the beginning of that period or year; and

(b) from which the benefits payable to members are not wholly defined by reference to life policies;

reporting period
, in relation to a superannuation fund, means a period of not more than 12 months that begins:

(a) in the case of a fund established before 1 July 1993 - in the period from the beginning of 1 July 1992 to the end of 30 June 1993; and

(b) in any other case - on or after 1 July 1993;

sub-plan
, in relation to a member or members of a superannuation fund, means the operations of that fund relating to the contributions to the fund in respect of that member or those members, but not of all other members, of the fund.

18C(2)   [ Superannuation fund in relation to a member ]  

A reference in this Division to a superannuation fund in relation to a member, or members, of the fund includes a reference to a sub-plan relating to the member or members.

18C(3)   [ Report to a member ]  

A reference in this Division to a report to a member of a superannuation fund in respect of a reporting period of the fund is a reference to a report in respect of the reporting period that applies to the member.

18C(4)   [ Person or body having authority to manage ]  

A reference in this Division to a person or body having authority to manage, or participate in the management of, a superannuation fund is a reference to a person or body having authority to direct:

(a) the operations of the fund; or

(b) a person or body having authority of the kind referred to in paragraph (a).