|APV||Accumulation Phase Value||This is the value of the accumulation interest that would become payable if the individual voluntarily caused the interest to cease at 30 June of the relevant financial year.|
|CC1||Commutation Authority||The amount requested has been commuted in full
NOTE: If reporting event type is CC1, you must also answer the question ‘Was the commutation paid directly to the member?’ by selecting Yes or No.
|CC2||Commutation Authority||Unable to commute in full due to insufficient funds. This includes partial commutations.
NOTE: If reporting event type is CC2, you must also answer the question ‘Was the commutation paid directly to the member?’ by selecting Yes or No.
|CC3||Commutation Authority||Unable to commute because the member is deceased|
|CC4||Commutation Authority||Unable to commute due to a capped defined benefit income stream, as set out in Member Account Type field.
Note: Commutation Authority is a notice from the Commissioner issued to a superannuation income stream provider requiring the provider to commute an amount of a specified super income stream.
|ICB||Child death benefit income stream||A dependent child that receives a death benefit income stream because of a death of a parent. This event type should also be reported for a reversionary child death benefit income stream that commenced prior to 1 July 2016. Refer to ATO website https://www.ato.gov.au/Individuals/Super/Super-changes/New-transfer-balance-cap-for-retirement-phase-accounts/New-transfer-balance-cap—child-death-benefit-recipients/ for more information
NOTE for ICB events, the 3rd party surname or family name must be entered
|ICR||Reversionary child death benefit income stream||A superannuation income stream that automatically reverts to a dependent child because of the deaths of a parent, where the income stream commenced on or after 1 July 2016
Refer to ATO website for more information https://www.ato.gov.au/Individuals/Super/Super-changes/New-transfer-balance-cap-for-retirement-phase-accounts/New-transfer-balance-cap—child-death-benefit-recipients/
NOTE for ICR events, the 3rd party surname or family name must be entered
|IRS||Reversionary income stream||A superannuation income stream that automatically reverts to a nominated beneficiary on the death of its current recipient, where the income stream commenced on or after 1 July 2016|
|LRB||Limited Recourse Borrowing||A limited recourse borrowing arrangement the transfer balance cap credit arising from the repayment of an LBRA|
|MCO||Member commutation||The process of ceasing, in whole or in part, a superannuation income stream and converting it to a superannuation lump sum. In all circumstances with exception to a commissioner’s commutation authority. The superannuation lump sum that arises from a commutation must be cashed out of the superannuation system or can be retained within the superannuation system subject to the cashing rules for superannuation death benefits.|
|NTC||Notional Taxed Contributions||Uncapped Notional taxed contributions amount|
|RCV||Retirement Phase Value||This is the value of the retirement interest that would become payable if the individual voluntarily caused the interest to cease as at 30 June of the relevant financial year|
|SIS||Superannuation Income Stream||A superannuation income stream in retirement phase. Usually, an income stream implies the right to receive a periodic payment of interest on superannuation investments (e.g. a pension or annuity). This event type should be reported for a reversionary income stream that commenced prior to 1 July 2016.|
|SSP||Personal Injury (Structured Settlement)||Injury payments that a member contributes while notifying the provider that they are to be excluded from the non-concessional contributions cap.|
|STO||Income Stream not in Retirement Phase||Income stream stops being in retirement phase|