4Definitions

4 Definitions

In this Determination:

2005 Principles means the Social Security (Partially Asset‑test Exempt Income Stream — Exemption) (FaHCSIA) Principles 2005.

2007 Determination means the Social Security (Guidelines for Determining whether Income Stream is Asset-test Exempt) (FaCSIA) Determination 2007 (No. 1).

Act means the Social Security Act 1991.

benefit fund has the meaning given by subsection 16B(1) of the Life Insurance Act 1995.

defined benefit pension has the meaning given by regulation 9.04E of the Superannuation Industry (Supervision) Regulations 1994.

dependant means a dependant mentioned in subregulation 6.21(2A) of the Superannuation Industry (Supervision) Regulations 1994.

hardship amount has the meaning given by subsection 9A(7) of the Act.

immediate annuity means an annuity that is presently payable.

life company has the meaning given in the Dictionary to the Life Insurance Act 1995.

regulated superannuation fund has the meaning given by subsection 10(1) of the Superannuation Industry (Supervision) Act 1993.

self managed superannuation fund has the meaning given by section 17A of the Superannuation Industry (Supervision) Act 1993.

statutory fund has the meaning given by section 29 of the Life Insurance Act 1995.

sub-fund has the meaning given by section 69A of the Superannuation Industry (Supervision) Act 1993

successor fund has the meaning given by subregulation 1.03(1) of the Superannuation Industry (Supervision) Regulations 1994.

third party has the meaning given by section 90AB of the Family Law Act 1975.

Note Several other words and expressions used in this Determination have the meaning given in Part 1.2 of Chapter 1 of the Act, for example:

asset-test exempt income stream (subsection 9(1) and sections 9A, 9B and 9BA)
defined benefit income stream (subsections 9 (1) and (1F))
family law affected income stream (subsection 9(1) and section 9C)
income stream (subsection 9(1))
original family law affected income stream (subsection 9(1) and section 9C)
primary FLA income stream (subsection 9 (1) and section 9C).