Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) In this Part, unless the contrary intention appears:
"administration costs" includes all fees and charges charged against benefits of the holder of an RSA in the RSA (whether or not charged against the contributions by or in respect of the RSA holder), other than:
(a) the cost (if any) of providing to the RSA holder:
(i) an insured death benefit; or
(ii) an insured permanent or temporary incapacity benefit; and
(b) taxation costs.
Note: Examples of 'taxation costs': contributions tax, superannuation contributions surcharge.
"deferred annuity" has the same meaning as in Part 5 of the SIS Regulations.
"rolled over" means paid as a superannuation lump sum (other than by way of being transferred) within the superannuation system.
"superannuation provider" means:
(a) an RSA provider; or
(b) the trustee of a regulated superannuation fund; or
(c) the trustee of an approved deposit fund.
"superannuation system" means the system comprising:
(a) RSAs; and
(b) regulated superannuation funds; and
(c) approved deposit funds; and
(d) the Commissioner of Taxation in the Commissioner of Taxation's role as the maker of payments to a superannuation provider under the Superannuation (Unclaimed Money and Lost Members) Act 1999 ; and
(f) annuities; and
(g) deferred annuities; and
(h) EPSSSs.
"transferred" , in relation to the benefits of the holder of an RSA paid out of, or received by, the RSA, means paid to, or received from:
(a) another RSA provided by an RSA institution; or
(b) a superannuation entity; or
(c) an EPSSS;
otherwise than upon the satisfaction by the RSA holder of a condition of release (within the meaning of Part 4) for all those benefits.