First State Superannuation Act 1992 First State Superannuation (APRA Employees) Order 1999 (1999-330) [GG No 76 of 2.7.1999, p 4641] (NSW)

1999 No 330

First State Superannuation (APRA New South Wales

Employees) Order 1999

under the

First State Superannuation Act 1992

GORDON SAMUELS, Governor I, the Honourable Gordon Samuels AC, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of section 7 of the First State Superannuation Act 1992, make the following Order.

Signed at Sydney, this 30th day of June 1999.

By His Excellency's Command,

BOB CARR,

Premier.

Explanatory note

Certain employees of the New South Wales Financial Institutions Commission (FINCOM) are being transferred to the employment of the Australian Prudential Regulation Authority (APRA). Under the First State Superannuation Act 1992, certain employees of employers for the purposes of the Act may make optional contributions to the First State Superannuation Fund. Schedule 1 to the Act lists organisations and bodies that are employers for the purposes of the Act. Section 7 of the Act authorises the Governor-in-Council, by Order, to amend the Schedule so as to include APRA in the list of employers and also authorises the making of an order that takes effect on a day that is earlier than the day of its publication in the Gazette.

This Order has the effect of preserving the right of certain contributors transferred to APRA to make optional contributions to the First State Superannuation Fund. This Order is made under section 7 (1) of the Act.

Published in Gazette No 76 of 2 July 1999, page 4641	Page 1
[2]
1999 No 330
Clause 1	First State Superannuation (APRA Employees) Order 1999

First State Superannuation (APRA Employees) Order
1999

1     Name of Order

This Order is the First State Superannuation (APRA Employees) Order

1999.

2 Commencement

This Order is taken to have commenced on 1 July 1999.

3 Notes

The explanatory note does not form part of this Order.

4 Amendment of Schedule 1 to the First State Superannuation Act 1992 No 100

Schedule 1 to the First State Superannuation Act 1992 is amended by
inserting at the end of Part 1 the following name and limitation:

Australian Prudential Regulation Authority (limited to those persons:

(a)	who, being members of the Fund or the State Authorities Superannuation Fund or the State Superannuation Fund, were employed by the Financial Institutions Commission immediately before they became employees of the Authority under section 32 of the Financial Sector Reform (New South Wales) Act 1999, and
(b)	who did not cease to be members of the State Authorities Superannuation Fund or the State Superannuation Fund before they became employees of the Authority)

BY AUTHORITY

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