First State Superannuation Amendment (ARTC Employees) Order 2004 (NSW)

2004 No 677

New South Wales

First State Superannuation

Amendment (ARTC Employees) Order

2004

under the

First State Superannuation Act 1992

MARIE BASHIR, Governor I, Professor Marie Bashir 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.

Dated, this 29th day of September 2004.

By Her Excellency’s Command,

JOHN DELLA BOSCA, M.L.C.,

Special Minister of State

Explanatory note
The object of this Order is to amend the First State Superannuation Act 1992 to provide for certain former employees of Rail Infrastructure Corporation, RailCorp or the State Rail Authority who become employees of Australian Rail Track Corporation Ltd to continue to be members of the First State Superannuation Scheme if:

(a)	they become so employed on or after 1 June 2004 and not later than 30 days after the commencement of the first lease of State rail infrastructure to that Corporation, and
(b)	they do not elect to cease to be members of the First State Superannuation Scheme within 30 days after the commencement of the lease referred to in paragraph (a).

This Order is made under section 7 of the First State Superannuation Act 1992.

Published in Gazette No 153 of 1 October 2004, page 7791	Page 1
2004 No 677
Clause 1	First State Superannuation Amendment (ARTC Employees) Order 2004

First State Superannuation Amendment (ARTC

Employees) Order 2004

under the

First State Superannuation Act 1992

1      Name of Order

This Order is the First State Superannuation Amendment (ARTC
Employees) Order 2004.

2      Commencement

This Order is taken to have commenced on 1 June 2004.

3 Amendment of First State Superannuation Act 1992

The First State Superannuation Act 1992 is amended by inserting at the end of Schedule 1 the following matter:

Australian Rail Track Corporation Ltd (limited to those persons who:

(a)	become employees of Australian Rail Track Corporation Ltd on or after 1 June 2004 and not later than 30 days after the commencement of the first lease entered into by any rail authority under section 88B of the Transport Administration Act 1988, and
(b)	cease to be employed by Rail Infrastructure Corporation, RailCorp or the State Rail Authority not more than 30 days before being so employed, and
(c)	do not elect to cease to be members of the Fund within 30 days after the commencement of the lease referred to in paragraph (a)).

BY AUTHORITY