Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019 (16 of 2019)

Schedule 3   Inactive low-balance accounts and consolidation into active accounts

Part 1   Amendments

Superannuation (Unclaimed Money and Lost Members) Act 1999

20   Section 8 (definition of account)

Repeal the definition, substitute:

account , in a fund that is an RSA, means:

(a) if the RSA is an account - that account; or

(b) if the RSA is a policy (within the meaning of the RSA Act) - that policy.