Retirement Savings Accounts Regulations 1997
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Hide history noteIn this Division:
applicant
means a RSA holder who makes an application under subregulation
4.41(1)
.
concessional contributions
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
concessional contributions cap
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
contributions segment
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
contributions-splitting superannuation benefit
means a payment made in accordance with subregulation
4.42(2)
.
crystallised segment
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
directed termination payment
has the meaning given by subsection
82-10F(1)
of the
Income Tax (Transitional Provisions) Act 1997
.
element taxed in the fund
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
element untaxed in the fund
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
foreign superannuation fund
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
maximum splittable amount
, in relation to a financial year, means:
(a) for taxed splittable contributions - the lesser of:
(i) 85% of the concessional contributions for that financial year; and
(ii) the concessional contributions cap for that financial year; and
(b) for untaxed splittable contributions - 100% of the amount of the untaxed splittable contributions made in the financial year.
post-June 83 component
(Repealed by SLI No 104 of 2007)
preservation age
has the meaning given by regulation
4.01
.
relevant financial year
, in relation to an application made under:
(a) paragraph 4.41(1)(a) , means the last financial year that ended before the date of the application; or
(b) paragraph 4.41(1)(b) , means the financial year in which the application is made.
splittable contribution
has the meaning given by regulation
4.39
.
superannuation benefit
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
superannuation interest
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
superannuation lump sum
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
taxable component
has the meaning given by subsection
995-1(1)
of the 1997 Tax Act.
taxed splittable contribution
has the meaning given by regulation
4.38
.
undeducted contributions
(Repealed by SLI No 104 of 2007)
untaxed splittable contribution
has the meaning given by regulation
4.38
.
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