5Definitions

5 Definitions

Note: A number of expressions used in this instrument are defined in the Act, including the following:

asset-test exempt income stream
commencement day
Commission
defined benefit income stream
income stream.

In this instrument:

1998 Act means the Veterans’ Entitlements Act 1986 as in force immediately before 20 September 1998.

Act means the Veterans’ Entitlements Act 1986.

lifetime income stream, in relation to a person, means an income stream under which payments are made, at least annually:

(a) throughout the life of the person; and
(b) if there is a reversionary beneficiary—throughout the life of the reversionary beneficiary.

private sector fund has the same meaning as in subsection 10(1) of the SIS Act.

public sector fund has the same meaning as in subsection 10(1) of the SIS Act.

public sector superannuation scheme has the same meaning as in subsection 10(1) of the SIS Act.

SIS Act means the Superannuation Industry (Supervision) Act 1993.

superannuation fund has the same meaning as in subsection 10(1) of the SIS Act.