Superannuation Administration Act 1996 Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1999 (1999-159) [GG No 27 of 5.3.1999, p 1756] (NSW)
1999 No 159
New South Wales
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
TreasurerThe object of this Regulation is to make provision for the determination of certain disputes involving persons who are members of the electricity superannuation scheme established by trust deed in accordance with section 127 of the Superannuation Administration Act 1996. The disputes concerned are disputes about the rights and obligations of those persons under FTC or STC schemes to which they formerly belonged by reason of service with an employer who has since become associated with the electricity superannuation scheme. The Regulation provides that such disputes are to be resolved by the trustee of the electricity superannuation scheme. This Regulation is made under sections 22 and 67 of the Superannuation Administration Act 1996 (as inserted by the Superannuation Legislation Further Amendment Act 1998) and section 129 of that Act (the general regulation-making power).
Published in Gazette No 27 of 5 March 1999, page 1756 Page 1
| Clause 1 | Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1999 |
| l Name of Regulation |
This Regulation is the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment Regulation 1999.
2 Amendment of Superannuation Administration (Electricity
Superannuation Scheme Transitional Provisions) Regulation
1997
The Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997 is amended as set out in Schedule 1.
The explanatory note does not form part of this Regulation.
Superannuation Administration (Electricity Superannuation Scheme
Transitional Provisions) Amendment Regulation 1999
Amendment Schedule 1
n t
(Clause 2)
art 5 Insert after Part 4:
isputes concerning entitlements or obligations of transferred members or associated beneficiaries under
FTC schemes
A dispute concerning the entitlements or obligations of a transferred member or beneficiary arising in respect of service by the transferred member, before the transfer day, with a transferred employer who was responsible for the payment of benefits under an FTC scheme in respect of that service are to be determined, not by FTC, but by the trustee of the electricity superannuation scheme.
19 Disputes concerning entitlements or obligations of
transferred members or associated beneficiaries under
STC schemesA dispute concerning the entitlements or obligations of a transferred member or beneficiary arising in respect of service by the transferred member, before the transfer day, with a transferred employer who was responsible for the payment of benefits under an STC scheme in respect of that service are to be determined, not by STC, but by the trustee of the electricity superannuation scheme.
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