Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsIn 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.
"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.
"untaxed splittable contribution" has the meaning given by regulation 4.38.