Northern Territory Numbered Acts

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SUPERANNUATION LAW REFORM ACT 2007 (NO 36 OF 2007) - SECT 6

Amendment of section 3 (Interpretation)

(1)     Section 3(1)

omit

In this Act, unless the contrary intention appears –

substitute

In this Act:

(2)     Section 3(1), definitions accumulation account", "Acting Chairperson , approved deposit", "Chairperson , Commonwealth Act , "dependant", Fund , Police Associations , "public authority", Public Service , "Rules", Scheme , spouse and Trades and Labor Council

omit

(3)     Section 3(1)

insert (in alphabetical order)

"accumulation account" means an account kept in the name of a member or adherent of the NTGPAS Scheme of the amount in the Fund standing to the credit of the member or adherent.

"adherent", of the NTGPAS Scheme, means a person who is not an eligible employee (and hence not a member of that Scheme) but in whose name an accumulation account exists in the Fund.

"allocated pension" means:

    (a)     a pension that complies with the requirements for an allocated pension under relevant Commonwealth laws regulating the payment of superannuation benefits; or

    (b)     any other form of periodic payment of superannuation benefits (however described) recognised as permissible under relevant Commonwealth laws regulating the payment of superannuation benefits.

"approved deposit" means an amount accepted by the Commissioner for deposit to the credit of an accumulation account (and may include an amount rolled over from another superannuation fund).

"Chair", of a Board, includes an Acting Chair while acting in the place of the Chair.

"dependant", of another person, means:

    (a)     a spouse, widow, widower or child of the other person; or

    (b)     a person who, in the Commissioner's opinion:

        (i)     was, at the date of the other person's death, wholly or partially dependent on the other person; or

        (ii)     had, at the date of the other person's death, a legal right to look to the other person for support.

exempt public sector superannuation scheme , see section 10 of the Superannuation Industry (Supervision) Act 1993 (Cth).

"Fund" means the Northern Territory Government and Public Authorities Employees' Superannuation Fund.

"NTGDI Scheme" means the Northern Territory Government Death and Invalidity Scheme.

"NTGPAS Scheme" means the Northern Territory Government and Public Authorities' Superannuation Scheme.

"Police Association" means The Northern Territory Police Association Incorporated.

"public authority" means:

    (a)     an Agency; or

    (b)     an authority or body classified by the regulations as a public authority.

"Rules" means the Northern Territory Government and Public Authorities' Superannuation Scheme Rules .

"Scheme" means (according to context):

    (a)     the NTGPAS Scheme; or

    (b)     the NTGDI Scheme.

"spouse" includes a de facto partner.

"Unions NT" means the Northern Territory Trades and Labor Council Incorporated trading as Unions NT.

(4)     Section 3(1), definition eligible employee , paragraph (b)(i)

omit , substitute

        (i)     the NTGPAS Scheme; or



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