Life Insurance Regulations 1995
13.02Definition of superannuation policy—dictionary
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13.02 Definition of superannuation policy—dictionary
For the purposes of paragraph (b) of the definition of superannuation policy in the Schedule to the Act, a life policy included in any of the following kinds of policies is declared to be a superannuation policy for the purposes of the Act: (a) a policy of any of the following kinds that is maintained for the purposes of superannuation or retirement: (i) an immediate annuity policy; (ii) a deferred annuity policy; (iii) an allocated annuity policy; (b) a policy that is owned by the trustee of a scheme, being a scheme that is: (i) an approved deposit fund; or (ii) a pooled superannuation trust; (c) an RSA (within the meaning of the Retirement Savings Accounts Act 1997).