Corporations
Amendment Regulations 2007 (No. 1)1
Select Legislative Instrument 2007 No. 102
I, PHILIP
MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia,
acting with the advice of the Federal Executive Council, make the following
Regulations under the Corporations Act 2001.
Dated 26 April 2007
P. M. JEFFERY
Governor‑General
By His Excellency’s Command
PETER CRAIG
DUTTON
1 Name of Regulations
These Regulations are the Corporations Amendment Regulations 2007 (No. 1).
2 Commencement
These Regulations commence on 1 July 2007.
3 Amendment of Corporations
Regulations 2001
Schedule 1 amends the Corporations Regulations
2001.
Schedule 1 Amendments
(regulation 3)
[1] Subregulation 1.0.02 (1), definition of eligible
termination payment
omit
[2] Subregulation 1.0.02 (1), definition of superannuation
scheme
substitute
superannuation lump sum has the meaning given
by subsection 995‑1 (1) of the Income Tax Assessment Act 1997.
superannuation scheme means a complying
superannuation fund within the meaning of subsection 995‑1 (1) of
the Income Tax Assessment Act 1997.
[3] Subregulation 1.0.02 (1), definition of superannuation‑sourced
money, subparagraph (a) (i)
omit
an eligible termination payment
insert
a superannuation lump sum
[4] Subregulation 1.0.02 (1), definition of superannuation‑sourced
money, subparagraph (a) (ii)
omit
paid in that way
insert
paid as an eligible termination payment (within the meaning of
these Regulations as in force immediately before 1 July 2007) or as a
superannuation lump sum
[5] Subregulation 7.9.01 (1), definition of superannuation
provider
substitute
superannuation provider means any of the
following:
(a) the trustee of a complying superannuation
fund, within the meaning of subsection 995‑1 (1) of the Income
Tax Assessment Act 1997;
(b) the provider of an RSA, within the meaning of
section 12 of the Retirement Savings Accounts Act 1997;
(c) the trustee of a constitutionally protected
fund, within the meaning of subsection 995‑1 (1) of the Income
Tax Assessment Act 1997.