Superannuation Administration Act 1996 Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1997 (1997-296) [GG No 72 of 1.7.1997, p 5221] (NSW)

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1997 No 296

Superannuation Administration

(Electricity Superannuation Scheme

Transitional Provisions) Amendment

Regulation 1997

under the

Superannuation Administration Act 1996

His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Superannuation Administration Act 1996.

MICHAEL EGAN, M.L.C.,

Treasurer

Explanatory note

The object of this Regulation is to amend the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997 to transfer certain employees of electricity distributors and other bodies associated with the electricity industry to the electricity superannuation scheme and to make them, and their employers, subject to the transitional provisions contained in that regulation. This Regulation also makes a consequential amendment to a definition contained in the regulation.

This Regulation is made under the Superannuation Administration Act 1996, including sections 127 and 129.

Published in Gazette No 72 of 1 July 1997, page 5221

Page 1

1997 No 296

Clause 1 Superannuation

Administration

(Electricity

Superannuation

Scheme

Transitional

Provisions)

Amendment

Regulation

1997

Superannuation Administration (Electricity

Superannuation Scheme Transitional Provisions)

Amendment Regulation 1997

1 Name of Regulation

This Regulation is the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1997.

2

Amendment of Superannuation Administration (Electricity 1997

The Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997 is amended as set out in Schedule 1.

3 Notes

The explanatory note does not form part of this Regulation.

1997 No 296

Superannuation Administration (Electricity Superannuation Scheme Transitioinal Provisions) Amendment Regulation 1997

Amendments

Schedule 1

Schedule 1

Amendments

(Clause 2)

[1]       Clause 3 Definitions

Omit the definition of transfer day in clause 3. Insert instead:

transfer day means:

(a)

except as provided by paragraph (b), 1 July 1997,

(b)

in relation to a person who becomes a transferred member as a result of amendments made to this Regulation by the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1997, 1 July 1997 or the day on which that Regulation commences, whichever is the later.

[2]       Schedule 1 Transferred employers

Insert at the end of the Schedule:

Advance Energy

Australian Inland Energy

Energy Australia

Great Southern Energy

Integral Energy Australia

NorthPower

Electrical Trades Union of Australia (New South Wales

Branch)

Electricity Association of New South Wales