Commonwealth Numbered Regulations

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TAX AND SUPERANNUATION LAWS AMENDMENT (2014 MEASURES NO. 2) REGULATION 2014 (SLI NO 52 OF 2014) - SCHEDULE 2

CPI and Treasury bond rate

   

Superannuation (Unclaimed Money and Lost Members) Regulations 1999

1  Regulation 3 (heading)

Repeal the heading, substitute:

3   Definitions

2  Regulation 3

Insert:

"CPI" means the Consumer Price Index number (being the weighted average of the 8 capital cities) published by the Australian Bureau of Statistics.

"Treasury bond rate" , for a particular day, means:

                     (a)  if any Treasury bonds with a 10 year term were issued on that day--the annual yield on those bonds; or

                     (b)  otherwise--the annual yield on Treasury bonds with a 10 year term, as published by the Reserve Bank of Australia for that day.



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