Superannuation Industry (Supervision) Amendment Regulations 1998 (No. 8) (312 of 1998)

Schedule 1   Amendments of Superannuation Industry (Supervision) Regulations

[7]   Subregulation 1.06 (1)

substitute

(1) A benefit is taken to be a pension for the purposes of the Act if:

(a) it is provided under rules of a superannuation fund that meet the standards of subregulation (2), (4), (6) or (7); and

(b) where the primary beneficiary became entitled to the benefit on or after 20 September 1998 under rules of a superannuation fund that meets the standards of subregulation (7), those rules provide that the commencement day is the day when the primary beneficiary became entitled to the pension.