Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment (Mobility) Regulation 2003 (NSW)
2003 No 814
New South Wales
Superannuation Administration
(Electricity Superannuation Scheme
Transitional Provisions) Amendment
(Mobility) Regulation 2003
under the
Superannuation Administration Act 1996
Her 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 ensure that persons who become (or have, since 1
October 1999, become) contributors to, or holders of deferred benefits in:
| (a) | certain public sector superannuation schemes, or |
| (b) | the electricity industry superannuation scheme that was established on 1 July 1997, |
have the benefit of the provisions for mobility between those schemes that are set out in Part 5 of the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997. At present, those provisions apply only in respect of persons who were such contributors or holders of deferred benefits on 1 October 1999.
This Regulation is made under the Superannuation Administration Act 1996, and, in particular, under sections 128A (4) and (6) and 129 (the general regulation-making power).
| Published in Gazette No 178 of 7 November 2003, page 10382 | Page 1 |
| 2003 No 814 | Superannuation Administration (Electricity Superannuation Scheme |
| Clause 1 | Transitional Provisions) Amendment (Mobility) Regulation 2003 |
Superannuation Administration (Electricity
Superannuation Scheme Transitional Provisions)
Amendment (Mobility) Regulation 2003
under the
Superannuation Administration Act 1996
1 Name of Regulation
This Regulation is the Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Amendment (Mobility) Regulation 2003.
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.
| Superannuation Administration (Electricity Superannuation Scheme | 2003 No 814 |
| Transitional Provisions) Amendment (Mobility) Regulation 2003 | |
| Amendments | Schedule 1 |
| Schedule 1 Amendments |
(Clause 2)
[1] Clause 18A
Insert after clause 18:
18A Application of Part This Part extends to apply in respect of an employee whose transfer of employment took place at any time after 1 July 1997.
[2] Clause 20 Eligible employees and contributors
Insert “(or, after the appointed day, became)” after “who, on the appointed day, was” in clause 20 (a) and (b) wherever occurring.
[3] Clause 20 (c), (d), (e) and (f)
Insert “or after” before “the appointed day” wherever occurring.
BY AUTHORITY
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