Australian Capital Territory Consolidated Acts

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TERRITORY SUPERANNUATION PROVISION PROTECTION ACT 2000 - SECT 9

Payments from superannuation banking accounts

An amount from a superannuation appropriation may only be paid out of a superannuation banking account—

        (a)     to meet the liabilities of the Territory to provide superannuation benefits in relation to—

              (i)     members of the Legislative Assembly; or

              (ii)     members of the staff of a member of the Legislative Assembly; or

        (b)     to meet the liabilities of the Territory, a territory authority or a territory-owned corporation to provide superannuation     benefits in relation to its officers or employees; or

        (c)     to pay fees owing to a body that manages a superannuation scheme of which an officer or employee of the Territory, a territory authority or a territory-owned corporation is a member in his or her capacity as such an officer or employee; or

        (d)     to pay actuarial fees and other administrative costs and expenses incurred by the superannuation directorate in administering money provided for superannuation entitlements in relation to members of the Legislative Assembly, members of the staff of members of the Legislative Assembly or officers or employees of the Territory, territory authorities or territory-owned corporations; or

        (e)     for transfer to another superannuation banking account; or    

        (f)     for investment in accordance with section 11.



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