Australian Prudential Regulation Authority Supervisory Levies Determination 2021
9‑1 Definitions9‑1 Definitions
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9‑1 Definitions
In this Part:
AASB 1056 Superannuation Entities means the accounting standard of that name made by the Australian Accounting Standards Board under section 334 of the Corporations Act 2001.
employer‑sponsored receivables has the same meaning as in AASB 1056 Superannuation Entities.
pooled superannuation trust has the meaning given by section 10 of the Superannuation Industry (Supervision) Act 1993.
SAF (short for small APRA fund) means a superannuation entity that:
(a) is a regulated superannuation fund within the meaning of the Superannuation Industry (Supervision) Act 1993; and
(b) has fewer than 5 members.
SMADF (short for single member approved deposit fund) means a superannuation entity that:
(a) is an approved deposit fund within the meaning of the Superannuation Industry (Supervision) Act 1993; and
(b) has only one member.
the Act means the Superannuation Supervisory Levy Imposition Act 1998.
Note: Terms used in this Part have the same meaning as in the Act—see subsection 1‑5(1) of this instrument.
valuation day, in relation to an entity, means:
(a) for an entity that is a superannuation entity on 30 June of the previous financial year—that day; or
(b) for an entity that becomes a superannuation entity during the current financial year—the day on which it became a superannuation entity.