Superannuation Legislation Amendment Regulation 2013 (No. 1) (26 of 2013)

Schedule 3   Amendment of the Superannuation Guarantee (Administration) Regulations 1993

[1]   After regulation 1.03B

Insert:

1.03C Meaning of permanent incapacity

For subsection 10(1) of the Act, a member of a superannuation fund or an approved deposit fund is taken to be suffering permanent incapacity if a trustee of the fund is reasonably satisfied that the member's ill-health (whether physical or mental) makes it unlikely that the member will engage in gainful employment for which the member is reasonably qualified by education, training or experience.