21Definitions

21 Definitions

S. 21 def. of beneficiary amended by No. 43/2008 s. 9(a).

beneficiary means a contributor, former contributor or eligible beneficiary in respect of whom a beneficiary account is established;

beneficiary account means a beneficiary's account established and maintained by the Board for each beneficiary under section 21J;

casual employee means a casual employee as defined by the relevant award determinations or an employee deemed by the Board to be a casual employee;

S. 21 def. of child amended by No. 27/2001 s. 5(Sch. 3 item 2.4).

child, in relation to a member, means a child of the member or of his or her partner, other than any child born more than 10 months after his or her death;

S. 21 def. of eligible spouse inserted by No. 95/2000 s. 9(1)(a), substituted by No. 43/2008 s. 9(b).

eligible spouse, in relation to a member, contributor or former contributor, has the same meaning as spouse has in section 10 of the Superannuation Industry (Supervision) Act 1993 of the Commonwealth;

S. 21 def. of maximum splittable amount inserted by No. 37/2007 s. 8.

maximum splittable amount has the meaning given by regulation 6.40 of the Superannuation Industry (Supervision) Regulations 1994 of the Commonwealth;

S. 21 def. of member substituted by No. 43/2008 s. 9(c), amended by No. 38/2009 s. 11.

member means a person who is—

(a) a member of the ESSPLAN Scheme under section 4(7) or 4(8); or

(b) a contributor who becomes a member of the ESSPLAN Scheme in accordance with section 21B(1)(b); or

(c) an eligible beneficiary who becomes a member of the ESSPLAN Scheme in accordance with section 21B(1)(c); or

(d) a beneficiary who has a beneficiary account and applies to become a member of the ESSPLAN Scheme in accordance with section 21B(1)(ca);

member's account balance means the credit balance in the member's account as at a particular date after all relevant credits and debits up to that date have been made;

net earning rate means in respect of any particular period, and for any particular purpose, the rate of earnings (which may be positive or negative) as determined by the Board in respect of an investment fund or in respect of the Scheme (excluding investment funds), as the case may be, for that period and that purpose and having regard to—