Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsIn this Division:
"allocated surplus contribution amount" means an amount that is allocated from a regulated superannuation fund surplus, by a trustee, to meet an employer's liability to make contributions.
"applicant" means a member who makes an application under subregulation 6.44(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 6.45(2).
"crystallised segment" has the meaning given by subsection 995 - 1(1) of the 1997 Tax Act.
"defined benefit component" has the meaning given by regulation 6.31.
"directed termination payment" has the meaning given by section 82 - 10F 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; and
(c) for untaxed splittable employer contributions--100% of the concessional contributions cap for that financial year.
"preservation age" has the meaning given by regulation 6.01.
"relevant financial year" , in relation to an application made under:
(a) paragraph 6.44(1)(a), means the last financial year that ended before the date of the application; or
(b) paragraph 6.44(1)(b), means the financial year in which the application is made.
"splittable contribution" has the meaning given by regulation 6.42.
"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 6.41.
"untaxed splittable contribution" has the meaning given by regulation 6.41.
"untaxed splittable employer contribution" has the meaning given by regulation 6.41.