State Authorities Superannuation Amendment (ARTC Employees) Order (No 2) 2004 (NSW)

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2004 No 894

New South Wales

State Authorities Superannuation

Amendment (ARTC Employees) Order

(No 2) 2004

under the

State Authorities Superannuation Act 1987

JAMES JACOB SPIGELMAN,
By Deputation from Her Excellency the 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 46 of the State Authorities Superannuation Act 1987, make the following Order.

Dated, this 15th day of December 2004.

By Her Excellency’s Command,

JOHN DELLA BOSCA, M.L.C.,

Special Minister of State

Explanatory note
The State Authorities Superannuation Act 1987 provides for certain former employees of Rail Infrastructure Corporation, RailCorp and the State Rail Authority who become employees of Australian Rail Track Corporation Ltd (ARTC) to continue to be contributors to the State Authorities Superannuation Scheme in certain circumstances. The object of this Order is to amend the State Authorities Superannuation Act 1987 to extend this opportunity to former employees of those bodies who become employees of ARTC not later than 31 December 2007. Currently, the opportunity is only available to former employees who became employees of ARTC not later than 4 October 2004.

This Order is made under section 46 of the State Authorities Superannuation Act 1987.

Published in Gazette No 204 of 24 December 2004, page 9701 Page 1
2004 No 894 State Authorities Superannuation Amendment (ARTC Employees) Order
Clause 1 (No 2) 2004

State Authorities Superannuation Amendment (ARTC

Employees) Order (No 2) 2004

under the

State Authorities Superannuation Act 1987

1      Name of Order

This Order is the State Authorities Superannuation Amendment (ARTC
Employees) Order (No 2) 2004.

2      Commencement

This Order is taken to have commenced on 4 October 2004.

3 Amendment of State Authorities Superannuation Act 1987

The State Authorities Superannuation Act 1987 is amended as set out in
Schedule 1.

State Authorities Superannuation Amendment (ARTC Employees) Order 2004 No 894
(No 2) 2004
Amendments Schedule 1
Schedule 1 Amendments

(Clause 3)

[1]      Schedule 1 Employers

Omit paragraph (a) of the matter relating to the Australian Rail Track
Corporation Ltd in Part 1.
Insert instead:
(a) become employees of Australian Rail Track Corporation Ltd on or after 1 June 2004 and not later than 31 December 2007, and

[2]      Schedule 1, Part 1

Omit paragraph (c) of the matter relating to the Australian Rail Track
Corporation Ltd.
Insert instead:

(c)

do not elect to cease to be contributors to the Fund within 30 days of commencing employment with Australian Rail Track Corporation Ltd).

BY AUTHORITY

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