A superannuation fund is either:
an indefinitely continuing fund that is a provident, benefit,
superannuation or retirement fund. An 'indefinitely continuing fund' means that
the fund must not be one that will terminate or be wound up after a specified period,
a public sector superannuation scheme that is a scheme for the
payment of superannuation, retirement or death benefits established by a Commonwealth,
State or Territory law, or under the authority of the Commonwealth, State or Territory
governments or a municipal corporation, local government or public authority.