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This is a Bill, not an Act. For current law, see the Acts databases.


SUPERANNUATION LEGISLATION (COMMONWEALTH EMPLOYMENT - SAVING AND TRANSITIONAL PROVISIONS) BILL 1998

1998

The Parliament of the
Commonwealth of Australia

HOUSE OF REPRESENTATIVES



Presented and read a first time







Superannuation Legislation (Commonwealth Employment—Saving and Transitional Provisions) Bill 1998

No. , 1998

(Finance and Administration)



A Bill for an Act to enact saving and transitional provisions in consequence of the enactment of certain provisions of the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998



ISBN: 0642 377626

Contents


A Bill for an Act to enact saving and transitional provisions in consequence of the enactment of certain provisions of the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998

The Parliament of Australia enacts:

Part 1—Preliminary


1 Short title

This Act may be cited as the Superannuation Legislation (Commonwealth Employment—Saving and Transitional Provisions) Act 1998.

2 Commencement

(1) Subject to this section, this Act commences on 1 July 1999.

(2) Part 3 commences on 1 July 1999, at the same time as Schedule 2 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998.

(3) Part 5 commences on 1 July 1999, at the same time as Schedule 4 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998.

(4) Part 8 commences on 1 July 1999, at the same time as Schedule 9 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998.

3 Definition

In this Act:

Commonwealth Superannuation Board means the Commonwealth Superannuation Board established by the Commonwealth Superannuation Board Act 1998.

Part 2—Provisions consequential on amendments of the Superannuation Act 1976 made by Part 1 of Schedule 1 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998


4 Transitional provision consequential on vesting of assets and liabilities in Commonwealth Superannuation Board

(1) This section applies in relation to assets that vest in, or liabilities that become liabilities of, the Commonwealth Superannuation Board under section 40A of the Superannuation Act 1976.

(2) All proceedings relating to those assets or liabilities that were begun before 1 July 1999 by or against the CSS Board and were pending immediately before that date are taken to be proceedings pending by or against the Commonwealth Superannuation Board.

(3) Any act, matter or thing done or omitted to be done in relation to those assets or liabilities before 1 July 1999 by, to or in respect of the CSS Board is (to the extent that the act, matter or thing has any effect) taken to have been done or omitted by, to or in respect of the Commonwealth Superannuation Board.

(4) A reference in any Act, in any instrument made under any Act or in any document of any kind to the CSS Board is, to the extent that it relates to any of those assets or liabilities, taken to be, or to include, a reference to the Commonwealth Superannuation Board.

5 Transfers of land may be registered

(1) This section applies if:

(a) any right, title or interest in particular land vests in the Commonwealth Superannuation Board under subsection 40A(2) of the Superannuation Act 1976; and

(b) there is lodged with a land registration official a certificate that:

(i) is signed by the Minister or by a person authorised under subsection (4); and

(ii) identifies the land, whether by reference to a map or otherwise; and

(iii) states that the right, title or interest has become vested in the Commonwealth Superannuation Board under subsection 40A(2) of the Superannuation Act 1976.

(2) The land registration official may:

(a) register the matter in a way that is the same as, or similar to, the way in which dealings in land of that kind are registered; and

(b) deal with, and give effect to, the certificate.

(3) A document that appears to be a certificate under subsection (1) is taken to be such a certificate, and to have been properly given, unless the contrary is established.

(4) The Minister may, by writing, authorise a person to sign certificates under subsection (1).

(5) The Lands Acquisition Act 1989 does not apply in relation to anything done under this section.

(6) In this section:

land registration official, in relation to land, means the Registrar of Titles or other proper officer of the State or Territory in which the land is situated.

6 Certificates in relation to assets other than land

(1) This section applies if:

(a) an asset other than land vests in the Commonwealth Superannuation Board under subsection 40A(2) of the Superannuation Act 1976; and

(b) there is lodged with an assets official a certificate that:

(i) is signed by the Minister or by a person authorised under subsection (4) of this section; and

(ii) identifies the asset; and

(iii) states that the asset has become vested in the Commonwealth Superannuation Board under subsection 40A(2) of the Superannuation Act 1976.

(2) The assets official may:

(a) deal with, and give effect to, the certificate as if it were a proper and appropriate instrument for transactions in relation to assets of that kind; and

(b) make such entries in the register as are necessary having regard to the effect of subsection 40A(2) of the Superannuation Act 1976.

(3) A document that appears to be a certificate under subsection (1) is taken to be such a certificate, and to have been properly given, unless the contrary is established.

(4) The Minister may, by writing, appoint a person to sign certificates under subsection (1).

(5) In this section:

assets official means the person or authority who, under a law of the Commonwealth, a State or a Territory, under a trust instrument or otherwise, has responsibility for keeping a register in relation to assets of the kind concerned.

7 Transitional provision relating to annual report and financial statements of CSS Board

Despite the repeals of sections 161, 161A and 162 of the Superannuation Act 1976 effected by Part 1 of Schedule 1 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, those sections continue to apply in respect of financial years that began before the repeal of those sections, but:

(a) the Commonwealth Superannuation Board is to perform any obligations under those sections of the CSS Board or Commissioner for Superannuation referred to in those sections; and

(b) the reference in section 161 of the Superannuation Act 1976 to the performance of the functions of the CSS Board during a financial year includes a reference to the doing of anything that is taken, by section 7 of this Act, to have been done under that Act during that financial year by the Commonwealth Superannuation Board.

8 Saving of modifications in force under section 14A of the Superannuation Act 1976

Despite the repeal of section 14A of the Superannuation Act 1976 effected by Part 1 of Schedule 1 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, the modifications of the Superannuation Act 1976 made by regulations in force under subsection (3) of that section immediately before the repeal continue to apply in relation to people to whom those modifications applied at that time.

9 Saving of pending applications to Administrative Appeals Tribunal

If:

(a) an application to the Administrative Appeals Tribunal for a review of a decision was made under subsection 154(6) of the Superannuation Act 1976 before the repeal of section 154 that was effected by Part 1 of Schedule 1 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998; and

(b) the application had not been determined by the Tribunal before that section was repealed;

the following paragraphs have effect:

(c) the Tribunal may continue to hear and determine the application as if that section had not been repealed; and

(d) if the Tribunal varies the decision or sets aside the decision and substitutes a different decision, the decision as varied, or the substituted decision, as the case may be, is taken to be a decision of the Commonwealth Superannuation Board.

10 Things done by or in relation to former authorities to be treated as having been done by or in relation to Commonwealth Superannuation Board

(1) Any determination, declaration, decision or payment made, any direction, approval or notice given, any contract or arrangement entered into, any report or statement furnished, or any other thing done, under or for the purposes of the Superannuation Act 1976 or the regulations in force under that Act, at a time (the relevant time) before the commencement of this Part, by:

(a) the CSS Board that existed under section 27A of that Act as in force at the relevant time; or

(b) the Commissioner for Superannuation referred to in Part II of that Act as so in force; or

(c) a delegate of that Board or of the Commissioner;

is taken, for all purposes, to have been made, given, entered into, furnished or done by the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

(2) Any payment made, any notice given, or any other thing done, under or for the purposes of the Superannuation Act 1976 or the regulations in force under that Act, at a time (the relevant time) before the commencement of this Part, to or in respect of:

(a) the CSS Board that existed under section 27A of that Act as in force at the relevant time; or

(b) the Commissioner for Superannuation referred to in Part II of that Act as so in force; or

(c) a delegate of that Board or of the Commissioner;

is taken, for all purposes, to have been made, given or done to or in respect of the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

Part 3—Provisions consequential on the repeal of the Superannuation Act 1976


11 Repealed Act to continue to apply in respect of certain people

(1) Despite the repeal of the Superannuation Act 1976 effected by Schedule 2 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, the repealed Superannuation Act 1976, and any regulations or other instruments that were in force under that Act immediately before its repeal, continue to apply according to their terms but have effect only in respect of people who:

(a) were receiving, or were entitled to receive, pensions or benefits under that Act immediately before the repeal or were entitled at that time to pensions or benefits under that Act that were not immediately payable; or

(b) would have received, or would have become entitled to receive, pensions or benefits under that Act at a later time if it had not been repealed or would have become entitled at a later time under that Act if it had not been repealed to pensions or benefits that were not immediately payable.

(2) Part 2 continues to apply in respect of people in respect of whom the repealed Superannuation Act 1976 continues to apply under subsection (1).

(3) A reference in any law of the Commonwealth to the Superannuation Act 1976, to a specified provision of that Act, or to a regulation or other instrument in force under that Act, is taken (except in relation to a time before the repeal of that Act) to be a reference to the repealed Superannuation Act 1976, to that provision of the repealed Superannuation Act 1976, or to the regulation or other instrument, as the case may be, as it continues to apply under subsection (1).

Part 4—Provisions consequential on amendments of the Superannuation Act 1990 made by Part 1 of Schedule 3 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998


12 Transitional provision consequential on vesting of assets and liabilities in Commonwealth Superannuation Board

(1) This section applies in relation to assets that vest in, or liabilities that become liabilities of, the Commonwealth Superannuation Board under section 4A of the Superannuation Act 1990.

(2) All proceedings relating to those assets or liabilities that were begun before 1 July 1999 by or against the PSS Board and were pending immediately before that date are taken to be proceedings pending by or against the Commonwealth Superannuation Board.

(3) Any act, matter or thing done or omitted to be done in relation to those assets or liabilities before 1 July 1999 by, to or in respect of the PSS Board is (to the extent that the act, matter or thing has any effect) taken to have been done or omitted by, to or in respect of the Commonwealth Superannuation Board.

(4) A reference in any Act, in any instrument made under any Act or in any document of any kind to the PSS Board is, to the extent that it relates to any of those assets or liabilities, taken to be, or to include, a reference to the Commonwealth Superannuation Board.

13 Transfers of land may be registered

(1) This section applies if:

(a) any right, title or interest in particular land vests in the Commonwealth Superannuation Board under subsection 4A(2) of the Superannuation Act 1990; and

(b) there is lodged with a land registration official a certificate that:

(i) is signed by the Minister or by a person authorised under subsection (4); and

(ii) identifies the land, whether by reference to a map or otherwise; and

(iii) states that the right, title or interest has become vested in the Commonwealth Superannuation Board under subsection 4A(2) of the Superannuation Act 1990.

(2) The land registration official may:

(a) register the matter in a way that is the same as, or similar to, the way in which dealings in land of that kind are registered; and

(b) deal with, and give effect to, the certificate.

(3) A document that appears to be a certificate under subsection (1) is taken to be such a certificate, and to have been properly given, unless the contrary is established.

(4) The Minister may, by writing, authorise a person to sign certificates under subsection (1).

(5) The Lands Acquisition Act 1989 does not apply in relation to anything done under this section.

(6) In this section:

land registration official, in relation to land, means the Registrar of Titles or other proper officer of the State or Territory in which the land is situated.

14 Certificates in relation to assets other than land

(1) This section applies if:

(a) an asset other than land vests in the Commonwealth Superannuation Board under subsection 4A(2) of the Superannuation Act 1990; and

(b) there is lodged with an assets official a certificate that:

(i) is signed by the Minister or by a person authorised under subsection (4); and

(ii) identifies the assets; and

(iii) states that the asset has become vested in the Commonwealth Superannuation Board under subsection 4A(2) of the Superannuation Act 1990.

(2) The assets official may:

(a) deal with, and give effect to, the certificate as if it were a proper and appropriate instrument for transactions in relation to assets of that kind; and

(b) make such entries in the register as are necessary having regard to the effect of subsection 4A(2) of the Superannuation Act 1990.

(3) A document that appears to be a certificate under subsection (1) is taken to be such a certificate, and to have been properly given, unless the contrary is established.

(4) The Minister may, by writing, appoint a person to sign certificates under subsection (1).

(5) In this section:

assets official means the person or authority who, under a law of the Commonwealth, a State or a Territory, under a trust instrument or otherwise, has responsibility for keeping a register in relation to assets of the kind concerned.

15 Transitional provision relating to annual report and financial statements of PSS Board

Despite the repeal of Part 6 of the Superannuation Act 1990 effected by Part 1 of Schedule 3 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, section 28 of the Superannuation Act 1990 continues to apply in respect of financial years that began before the repeal, but:

(a) the Commonwealth Superannuation Board is to perform the obligations under that section of the PSS Board referred to in that section; and

(b) the reference in that section to the performance of the functions of the PSS Board during a financial year includes a reference to the doing of anything that is taken, by section 16 of this Act, to have been done under the Superannuation Act 1990 during that financial year by the Commonwealth Superannuation Board.

16 Things done by or in relation to former authorities to be treated as having been done by or in relation to Commonwealth Superannuation Board

(1) In this section:

Trust Deed has the same meaning as in the Superannuation Act 1990.

(2) Any determination, declaration, decision or payment made, any direction, approval or notice given, any contract or arrangement entered into, or any other thing done, under or for the purposes of the Superannuation Act 1990 or the Trust Deed, at a time (the relevant time) before the commencement of this Part, by:

(a) the PSS Board that existed under section 20 of that Act as in force at the relevant time; or

(b) a delegate of that Board;

is taken, for all purposes, to have been made, given, entered into or done by the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

(3) Any payment made, any notice given, or any other thing done, under or for the purposes of the Superannuation Act 1990 or the Trust Deed, at a time (the relevant time) before the commencement of this Part, to or in respect of:

(a) the PSS Board that existed under section 20 of that Act as in force at the relevant time; or

(b) a delegate of that Board;

is taken, for all purposes, to have been made, given or done to or in respect of the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

Part 5—Provisions consequential on the repeal of the Superannuation Act 1990


17 Definitions

In this Part:

Rules means the Rules for the administration of the Public Sector Superannuation Scheme set out in the Schedule to the Trust Deed.

Trust Deed means the deed that was referred to in section 4 of the repealed Superannuation Act 1990, as that deed was subsequently amended.

18 Repealed Act and Trust Deed to continue to apply in respect of certain people

(1) Despite the repeal of the Superannuation Act 1990 effected by Schedule 4 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, the repealed Superannuation Act 1990, any regulations or other instruments that were in force under that Act immediately before its repeal, and the Trust Deed, continue to apply according to their terms but have effect only in respect of people who:

(a) were receiving, or were entitled to receive, pensions or benefits under the Rules immediately before the repeal or were entitled at that time to pensions or benefits under the Rules that were not immediately payable; or

(b) would have received, or would have become entitled to receive, pensions or benefits under the Rules at a later time if the Superannuation Act 1990 had not been repealed or would have become entitled at a later time under the Rules if the Superannuation Act 1990 had not been repealed to pensions or benefits that would not have been immediately payable.

(2) Part 4 continues to apply in respect of people in respect of whom the repealed Superannuation Act 1990 continues to apply under subsection (1).

(3) A reference in any law of the Commonwealth to the Superannuation Act 1990, to a specified provision of that Act, to a regulation or other instrument in force under that Act, or to the Trust Deed, is taken (except in relation to a time before the repeal of that Act) to be a reference to the repealed Superannuation Act 1990, to that provision of the repealed Superannuation Act 1990, to the regulation or other instrument, or to the Trust Deed, as the case may be, as it continues to apply under subsection (1).

Part 6—Provisions consequential on the repeal of the Superannuation Act 1922


19 Repealed Act to continue to apply in respect of certain people

(1) Despite the repeal of the Superannuation Act 1922 effected by Schedule 6 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, the repealed Superannuation Act 1922 (other than sections 140 and 149B), and any regulations or other instruments that were in force under that Act immediately before its repeal, continue to apply, subject to subsection (2), according to their terms but have effect only in respect of people who:

(a) were receiving, or entitled to receive, pensions or benefits under that Act immediately before the repeal or were entitled at that time to pensions or benefits under that Act that were not immediately payable; or

(b) would have received, or would have become entitled to receive, pensions or benefits under that Act at a later time if it had not been repealed or would have become entitled at a later time under that Act if it had not been repealed to pensions or benefits that were not immediately payable.

(2) A reference in the repealed Superannuation Act 1922, or in any regulations or other instruments under that repealed Act, as that repealed Act and those regulations or other instruments continue to apply under subsection (1), to the Superannuation Board that was constituted by that Act or to the Commissioner for Superannuation is taken, unless the context otherwise requires, to be a reference to the Commonwealth Superannuation Board.

(3) A reference in any law of the Commonwealth to the Superannuation Act 1922 is taken (except in relation to a time before the repeal of that Act) to be a reference to the repealed Superannuation Act 1922 as it continues to apply under this section.

20 Things done by or in relation to former authorities to be treated as having been done by or in relation to Commonwealth Superannuation Board

(1) Any determination, declaration, decision or payment made, any direction, approval or notice given, any contract or arrangement entered into, or any other thing done, under or for the purposes of the Superannuation Act 1922, at a time (the relevant time) before its repeal, by:

(a) the Superannuation Board that was constituted by the repealed Act; or

(b) the Commissioner for Superannuation referred to in Part II of the Superannuation Act 1976 as in force at the relevant time; or

(c) a delegate of that Board or of the Commissioner;

is taken, for the purposes of the repealed Superannuation Act 1922 as it continues to apply under section 19, to have been made, given, entered into or done by the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

(2) Any payment made, any notice given, or any other thing done, under or for the purposes of the Superannuation Act 1922, at a time (the relevant time) before its repeal, to or in respect of:

(a) the Superannuation Board that was constituted by the repealed Act; or

(b) the Commissioner for Superannuation referred to in Part II of the Superannuation Act 1976 as in force at that time; or

(c) a delegate of that Board or of the Commissioner;

is taken, for the purposes of the repealed Superannuation Act 1922 as it continues to apply under section 19, to have been made, given or done to or in respect of the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

Part 7—Provisions consequential on the amendment of the Superannuation (Productivity Benefit) Act 1988


21 Saving of existing declarations and determinations by Minister

Any declaration made by the Minister under section 3D or 3E, or any determination made by the Minister under section 4G, of the Superannuation (Productivity Benefit) Act 1988 and in force immediately before the commencement of Schedule 8 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998 continues in force as if it has been made by the Commonwealth Superannuation Board under that section by a method of calculation notified to the Board by the Minister.

Part 8—Provisions consequential on the repeal of the Superannuation (Productivity Benefit) Act 1988


22 Definitions

In this Part:

designated employer has the same meaning as in the Productivity Benefit Act.

interim benefit has the same meaning as in the Productivity Benefit Act.

Productivity Benefit Act means the Superannuation (Productivity Benefit) Act 1988.

qualified employee has the same meaning as in the Productivity Benefit Act.

relevant time means the time immediately before the repeal of the Productivity Benefit Act.

repealed Productivity Benefit Act means the repealed Superannuation (Productivity Benefit) Act 1988 as that repealed Act continues to apply under section 23.

transitional period of employment, in relation to a person who was a qualified employee at the relevant time, means the period of the employment for which the person was engaged at that time.

23 Repealed Act to continue to apply in respect of certain people

(1) Despite the repeal of the Productivity Benefit Act effected by Schedule 9 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998, the repealed Productivity Benefit Act, and any regulations, declarations, determinations or other instruments that were in force under that Act at the relevant time, continue to apply according to their terms but have effect only in respect of any of the following people:

(a) a person who was a qualified employee at the relevant time and in respect of whom any of the contributions that were required under the Productivity Benefit Act to be paid by the person’s designated employer were not paid before that time;

(b) a person in respect of whom all the following subparagraphs apply:

(i) the person was a qualified employee at the relevant time and would have continued to be a qualified employee until the end of his or her transitional period of employment if the Productivity Benefit Act had not been repealed;

(ii) the person’s transitional period of employment has not ended;

(iii) the contributions that would, if this paragraph had not been enacted, be required to be paid in respect of the person under the Superannuation Guarantee (Administration) Act 1992 by the person’s employer would be less than the contributions that would be required to be paid if the Productivity Benefit Act had not been repealed;

(c) a person who had ceased to be a qualified employee at a time earlier than the relevant time and in respect of whom any of the contributions that were required under the Productivity Benefit Act to be paid by the person’s designated employer were not paid before the relevant time;

(d) a person who had ceased to be a qualified employee at a time earlier than the relevant time and in respect of whom an interim benefit that was required under the Productivity Benefit Act to be paid by the person’s designated employer was not paid before the relevant time.

(2) Part 7 continues to apply in respect of people in respect of whom the repealed Productivity Benefit Act continues to apply under subsection (1).

(3) A reference in any law of the Commonwealth to the Productivity Benefit Act is taken (except in relation to a time before the repeal of that Act) to be a reference to the repealed Productivity Benefit Act as it continues to apply under subsection (1).

Part 9—Provisions consequential on the amendment of the Papua New Guinea (Staffing Assistance) Act 1973


24 Definitions

In this Part:

Principal Act means the Papua New Guinea (Staffing Assistance) Act 1973 as in force immediately before the making of the relevant amendments.

relevant amendments means the amendments of the Papua New Guinea (Staffing Assistance) Act 1973 made by Schedule 11 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 1998.

25 Principal Act to continue to apply in respect of certain people

(1) Subject to subsection (2), the Principal Act continues to apply, as if the relevant amendments had not been made, in respect of people who:

(a) were receiving, or entitled to receive, pensions or benefits under that Act immediately before the relevant amendments took effect or were entitled at that time to pensions or benefits under that Act that were not immediately payable; or

(b) would have received, or would have become entitled to receive, pensions or benefits under that Act at a later time if the relevant amendments had not been made or would have become entitled at a later time under that Act if the relevant amendments had not been made to pensions or benefits that were not immediately payable.

(2) Any reference to the Commissioner for Superannuation in the Principal Act as it continues to apply under subsection (1) is taken, unless the context otherwise requires, to be a reference to the Commonwealth Superannuation Board.

26 Things done by or in relation to former authorities to be treated as done by or in relation to Commonwealth Superannuation Board

(1) Any determination, declaration, decision or payment made, any direction, approval or notice given, any contract or arrangement entered into, or any other thing done, under or for the purposes of the Principal Act, at a time (the relevant time) before the commencement of this Part, by:

(a) the Commissioner for Superannuation referred to in Part II of the Superannuation Act 1976 as in force at the relevant time; or

(b) a delegate of the Commissioner;

is taken, for the purposes of the Principal Act as it continues to apply under section 25, to have been made, given, entered into or done by the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

(2) Any payment made, any notice given, or any other thing done, under or for the purposes of the Principal Act, at a time (the relevant time) before the commencement of this Part, to or in respect of:

(a) the Commissioner for Superannuation referred to in Part II of the Superannuation Act 1976 as in force at the relevant time; or

(b) a delegate of the Commissioner;

is taken, for the purposes of the Principal Act as it continues to apply under section 25, to have been made, given or done to or in respect of the Commonwealth Superannuation Board as if that Board had been in existence at the relevant time.

Part 10—Provisions consequential on the conferring of functions and powers on the Commonwealth Superannuation Board


27 Administration of superannuation schemes on behalf of Commonwealth Superannuation Board

(1) During the period of 3 years beginning on 1 July 1999, each superannuation scheme constituted by the superannuation legislation is to be administered, on behalf of the Commonwealth Superannuation Board, by one or more nominated bodies or, if there is no nominated body, by the Commonwealth.

(2) If there are 2 or more nominated bodies, the authorised person may determine:

(a) the superannuation schemes that are to be respectively administered by each of those bodies; or

(b) the aspects or parts of the administration of the superannuation schemes that are to be respectively administered by each of those bodies.

(3) A reference in this section to the administering of, or of an aspect or part of, a superannuation scheme does not include a reference to:

(a) the investment of money contributed under the scheme; or

(b) the management of any such investment; or

(c) the provision to the Board of such other services as are agreed between the Board and the authorised person.

(4) The Minister may, by writing, authorise a person to perform the functions of the authorised person under this section.

(5) The authorised person may, by writing, make determinations and nominations for the purposes of this section.

(6) In this section:

authorised person means the Minister or a person authorised by the Minister to perform the functions of the authorised person under this section.

nominated body means an incorporated company or other body corporate that:

(a) has entered into an agreement or arrangement with the Commonwealth that:

(i) provides for the company or other body to be nominated for the purposes of this section; and

(ii) includes provisions with respect to the charges to be made by the company or other body to the Board in connection with the administration of superannuation schemes on behalf of the Board; and

(b) has been nominated by the authorised person for those purposes in accordance with the agreement or arrangement.

superannuation legislation has the same meaning as in the Commonwealth Superannuation Board Act 1998.


 


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