eligible person

a person who is eligible to receive a tax deduction for personal contributions to a superannuation fund or RSA. From 1 July 1992 there are two types of eligible persons: self-employed persons who have no employer superannuation support; and substantially self-employed persons who receive some employer superannuation support from employment, but whose income from employment constitutes less than 10 per cent of his/her assessable income plus reportable fringe benefits.

A Retirement Savings Account (RSA) can only be held by an eligible person. For that purpose, an eligible person is a person who satisfies any prescribed criteria.