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.
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