Public Finance and Audit Act 1983 Public Finance and Audit (General) Amendment (Superannuation Schemes) Regulation 1997 (1997-293) [GG No 72 of 1.7.1997, p 5219] (NSW)

1997 No 293

New South Wales

Public Finance and Audit (General)

Amendment (Superannuation

Schemes) Regulation 1997

under the

Public Finance and Audit Act 1983

His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Public Finance and Audit Act

1983.

MICHAEL EGAN, M.L.C.,

Treasurer

Explanatory note

The object of this Regulation is to enable the Auditor-General, if requested to do so by the Treasurer, to inspect and audit the accounts and records of financial transactions concerning superannuation schemes established by trust deed as referred to in section 127 of the Superannuation Administration Act 1996. That section provides for the Minister to approve the preparation of a trust deed providing for a superannuation scheme for the benefit of State public sector employees, or a class or classes of State public sector employees.

This Regulation is made under the Public Finance and Audit Act 1983, including sections 44 (1) and 64 (the general regulation making power).

Published in Gazette No 72 of 1 July 1997, page 5219 Page 1

1997 No 293

Clause 1 Public Finance and Audit (General) Amendment (Superannuation Schemes) Regulation 1997

Public Finance and Audit (General) Amendment

(Superannuation Schemes) Regulation 1997

1 Name of Regulation

This Regulation is the Public Finance and Audit (General)

Amendment (Superannuation Schemes) Regulation 1997.

2 Commencement

This Regulation commences on 1 July 1997.

3 Amendment of Public Finance and Audit (General) Regulation 1995

The Public Finance and Audit (General) Regulation 1995 is amended as set out in Schedule 1.

4 Notes

The explanatory note does not form part of this Regulation.

Schedule 1 Amendment

(Clause 3)

Clause 19 Prescribed statutory bodies under Division 4 of Part 3 of the Act

Insert after clause 19 (1) (aa):

(ab) The trustees for the time being of each superannuation scheme established by a trust deed as referred to in section 127 of the Superannuation Administration Act 1996.