Retirement Savings Accounts Regulations (Amendment) 1998 (82 of 1998)

4.   Regulation 4.01 (Interpretation)

4.1 Subregulation 4.01 (2):

Insert the following definition:

" transitional period , in relation to a superannuation fund (within the meaning of the SIS Act), means the period beginning at the beginning of the fund's 1994-1995 year of income and ending:

(a) in the case of a public sector superannuation scheme (within the meaning of the SIS Act) - at the end of the day when the scheme became an exempt public sector superannuation scheme; or

(b) in any other case - at the end of the day when the trustee of the fund lodges an election under section 19 of that Act.".