Superannuation (Continuing Contributions for Benefits) Regulations (Amendment) (Cth)

Statutory Rules 1989 No. 1681

 

Superannuation (Continuing Contributions

for Benefits) Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Superannuation Act 1976.

Dated 28 June 1989.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

Peter Walsh

Minister of State for Finance

 

Principal Regulations

1. In these Regulations, “Principal Regulations” means the Superannuation (Continuing Contributions for Benefits) Regulations.

2. After regulation 3 of the Principal Regulations the following regulation is inserted:

Classes of persons to which section 14a of the Act applies

“3a.The following class of persons is a class to which section 14aof the Act applies, namely, a class of persons each of whom:

(a) is employed by AIDC Ltd.; and

(b) is not a person to whom Part IV of the Public Service Act applies; and

(c) immediately before becoming employed by AIDC Ltd. was:

(i) an officer or employee of the Australian Industry Development Corporation; and

(ii) an eligible employee; and

(d) has not at any time ceased to be employed by AIDC Ltd.; and

 

(S.R. 188/89)—Cat. No. 14/19.6.1989

 

(e) while employed by AIDC Ltd. has not been a member of a superannuation scheme applying in relation to that person’s employment, other than the scheme constituted by the provisions of the Act.”.

Application of Act

3. Regulation 5 of the Principal Regulations is amended by omitting “(c) or (d)” and substituting “(c), (d) or (e)”.

Schedule

4. The Schedule to the Principal Regulations is amended by omitting from section 159a, as inserted by clause 2 of that Schedule, the definitions of “prescribed authority” and “relevant person” in subsection (1) and substituting respectively the following definitions:

“ ‘prescribed authority’ means:

(a) a Commonwealth authority that is not an approved authority; or

(b) AIDC Ltd.;

‘relevant person’ in relation to a prescribed authority, means:

(a) an eligible employee, being a person to whom Division 2 or 3 of Part IV of the Public Service Act applies, who:

(i) is employed by the prescribed authority; or

(ii) is the holder of a Commonwealth office that is declared by the Minister to be an office the holding of which is to be treated, for the purposes of this section, as if it were employment by the prescribed authority; or

(b) an eligible employee, being a person employed by the prescribed authority who is included in a class of persons specified in the regulations as a class of persons to which section 14a applies.”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 30 June, 1989.

2. Statutory Rules 1981 No. 36 as amended by 1987 No. 290.

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