Commonwealth Numbered Regulations

1992 No. 224 OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS (AMENDMENT) - REG 7

7.1 Add at the end:
                 "SCHEDULE 8      Regulation 18H

ABRIDGED FINANCIAL INFORMATION
PART 1 STATEMENT OF THE CHANGE IN NET ASSETS OF (INSERT NAME OF SUPERANNUATION
FUND) AVAILABLE TO PAY BENEFITS IN (INSERT YEAR OF INCOME OF THE FUND) Net
market value of assets available to pay benefits at the beginning of the year
of income of the fund: plus: Total gross income for the year, showing as
separate components: earnings, including changes in the net market value of
assets; and member contributions and employer contributions (unless
information on those separate amounts is not required by the governing rules
of the fund to be kept, in which case total contributions must be shown); and
any other income less: Total outgoings, showing as separate components:
the amount of benefits paid; and
administrative costs; and
taxation liability, including deferred income tax; and
any other outgoings yielding: Net market value of assets available to pay
benefits at the end of the year of income
PART 2 STATEMENT OF NET ASSETS OF (INSERT NAME OF SUPERANNUATION FUND) AS AT
THE END OF (INSERT YEAR OF INCOME OF THE FUND) Accumulated funds, represented
by the net market value of the assets of the fund available to pay benefits at
the end of the year of income of the fund, showing as separate components:
investments, expressed in terms of the amounts representing the value of each
class of asset, and
current assets less: Total liabilities, showing as separate components:
benefits payable, and
liability for taxation, and
any other liabilities
DIRECTION FOR COMPLETING STATEMENT An amount inserted in this statement must
be expressed to the nearest whole dollar.".