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

21   Section 8

Insert:

choice product has the same meaning as in the SIS Act.

inactive low-balance account : see subsections 20QA(1) and (1A).

inactive low-balance member has the meaning given by subsection 20QA(2).

inactive low-balance product has the meaning given by subsection 20QA(3).

MySuper product has the same meaning as in the SIS Act.


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