House of Representatives
Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Bill 2012
Explanatory Memorandum
(Circulated by the authority of the Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, the Hon Bill Shorten MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| APRA | Australian Prudential Regulation Authority |
| APRA Act | Australian Prudential Regulation Authority Act 1998 |
| ASIC | Australian Securities and Investments Commission |
| Corporations Act | Corporations Act 2001 |
| DEEWR | Department of Education, Employment and Workplace Relations |
| ERF | Eligible Rollover Fund |
| FW Act | Fair Work Act 2009 |
| FSCOD Act | Financial Sector (Collection of Data) Act 2001 |
| FWA | Fair Work Australia |
| LI Act | Legislative Instruments Act 2003 |
| MySuper Core Provisions Bill | Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 |
| Retirement Savings Accounts Act | Retirement Savings Accounts Act 1997 |
| RIS | regulation impact statement |
| RSE | registrable superannuation entity |
| SG Act | Superannuation Guarantee (Administration) Act 1992 |
| SG Regulations | Superannuation Guarantee (Administration) Regulations 1993 |
| SIS Act | Superannuation Industry (Supervision) Act 1993 |
| SIS Regulations | Superannuation Industry (Supervision) Regulations 1994 |
| SMSF | self-managed superannuation fund |
| The Review | The review into the governance, efficiency, structure and operation of Australia's superannuation system or the Super System Review (Cooper Review) |
| TPCA Act | Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 |
| TPD | total permanent disability insurance |
| Trustee Obligations and Prudential Standards Act | Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Act 2012 |