Superannuation (CSS) Deferred Benefits Regulations 1979 (Cth)

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Superannuation (CSS) Deferred Benefits Regulations 1979

Statutory Rules 1979 No. 46 as amended

made under the

Superannuation Act 1976

This compilation was prepared on 1 July 2011

taking into account amendments up to SLI 2011 No. 131

Prepared by the Office of Legislative Drafting and Publishing,

Attorney-General’s Department, Canberra

Contents

    1Name of Regulations [see Note 1]

 These Regulations are the Superannuation (CSS) Deferred Benefits Regulations 197 9.

2Interpretation

 In these Regulations, the Act means the Superannuation Act 1976.

3Application of the Act and the provisions of the Act to persons to whom subsection 136 (4) of the Act applies

 The Act and the provisions of the Act specified in the Schedule apply subject to the modifications specified in the Schedule to and in relation to those persons to whom subsection 136 (4) of the Act applies.

ScheduleModifications of the Act in its application to persons to whom subsection 136 (4) of the Act applies

(regulation 3)

  

Section

Modifications

112.....

Omit from subsection (6) “Subject to subsection (7)”, substitute “Subject to subsections (7), (9A), (9B) and (9C)”

Omit subsection (10), substitute the following subsections:

“(9A) Where:

(a) deferred benefits applicable in relation to a person by virtue of Division 3 of Part IX cease to be so applicable upon a deferred benefit becoming payable to the person in accordance with section 68 or 71;

(b) the person’s entitlement to the deferred benefit is cancelled under subsection 143 (2) and deferred benefits again become applicable in relation to him; and

(c) the deferred benefits so applicable in relation to the person cease to be so applicable upon a deferred benefit becoming payable to or in respect of the person,

subsection (6) does not apply in relation to him.

“(9B) Subject to subsection (9C), where:

(a) deferred benefits applicable in relation to a person by virtue of Division 3 of Part IX cease to be so applicable upon a deferred benefit becoming payable to the person in accordance with section 67 or 70;

(b) the person’s entitlement to the deferred benefit is cancelled under subsection 143 (2) and deferred benefits again become applicable in relation to him; and

(c) the deferred benefits so applicable in relation to the person cease to be so applicable upon a deferred benefit becoming payable to or in respect of the person,

subsection (6) does not apply in relation to him, but there shall be paid out of the Superannuation Fund to the Commonwealth an amount equal to the amount that was paid to the Fund under subsection 112 (9) in respect of the person upon his entitlement to deferred benefits being cancelled under subsection 143 (2), together with interest, calculated in accordance with subsection (9D), on that amount in respect of the period commencing on the day on which that amount was paid into the Fund under subsection 112 (9) and ending on:

(d) the pension pay day next following the day on which the deferred benefits again become payable to or in respect of the person as referred to in paragraph (c); or

(e) the second pension pay day after the day on which the Commissioner has determined the amount of any pension or lump sum benefit constituting or forming part of the deferred benefits again becoming payable to or in respect of the person as referred to in paragraph (c),

whichever is the later.

“(9C) Where:

(a) deferred benefits applicable in relation to a person by virtue of Division 3 of Part IX cease to be so applicable upon a deferred benefit becoming payable to the person in accordance with section 67 or 70;

(b) the person’s entitlement to the deferred benefit is cancelled under subsection 143 (2) and deferred benefits again become applicable in relation to him; and

(c) the deferred benefits so applicable in relation to the person cease to be so applicable upon a deferred benefit by way of a lump sum benefit equal to

his accumulated basic contributions becoming payable to or in respect of the person out of the Superannuation Fund,

subsection (6) does not apply in relation to him.

“(9D) The amount of interest payable by virtue of subsection (9B), in respect of an amount (referred to in this subsection as the relevant amount) paid to the Fund under subsection 112 (9) in respect of a person upon his entitlement to deferred benefits being cancelled under subsection 143 (2) shall be the amount of any interest that would be payable in respect of an equal amount referred to in subparagraph 145 (8) (a) (i) if the period in respect of which interest was payable in respect of that last-mentioned amount were the same period in respect of which interest is, by virtue of subsection (9B), payable in respect of the relevant amount.”.

136 .....

Add at the end of section 136 the following subsection:

“(7) Where deferred benefits again become payable to or in respect of a person to whom subsection (4) applies, the deferred benefits shall:

(a) if the deferred benefits that ceased to be applicable in relation to the person as referred to in paragraph (4) (b) so ceased to be applicable upon a deferred benefit by way of invalidity benefit becoming payable to him in accordance with section 67 or 70 — consist only of such benefits referred to in subsection (1), or such parts of such benefits, as are based upon contributions by a person other than the first-mentioned person (but excluding contributions that are accumulated employer contributions

in respect of the first-mentioned person) and

benefits based upon the first-mentioned person’s accumulated basic contributions; or

(b) if the deferred benefits that ceased to be applicable in relation to the person as referred to in paragraph (4) (b) so ceased to be applicable upon a deferred benefit by way of invalidity benefit becoming payable to him in accordance with section 68 or 71 — consist only of such benefits referred to in subsection (1), or such parts of such benefits, as are based upon contributions by a person other than the first-mentioned person (but excluding contributions that are accumulated employer contributions in respect of the first-mentioned person.)”.

Notes to theSuperannuation (CSS) Deferred Benefits Regulations 1979

Note 1

The Superannuation (CSS) Deferred Benefits Regulations 1979 (in force under the Superannuation Act 1976) as shown in this compilation comprise Statutory Rules 1979 No. 46 amended as indicated in the Tables below.

Table of Instruments

Year and

number

Date of notification

in Gazette or FRLI registration

Date of

commencement

Application, saving or

transitional provisions

1979 No. 46

21 Mar 1979

21 Mar 1979

1991 No. 170

28 June 1991

1 July 1990

1992 No. 265

26 Aug 1992

26 Aug 1992

1995 No. 92

18 May 1995

18 May 1995

1995 No. 406

19 Dec 1995

1 July 1995

1996 No. 98

20 June 1996

1 July 1995

2005 No. 218

7 Oct 2005 (see F2005L02918)

Rr. 1–3 and Schedule 1 [item 18]: 8 Oct 2005

2011 No. 131

30 June 2011 (see F2011L01374)

1 July 2011 (see r. 2)

Table of Amendments

    ad. = added or inserted

     am. = amended rep. = repealed rs. = repealed and substituted

Provision affected

How affected

R. 1.........................................

rs. 1995 No. 406; 2011 No. 131

R. 4.........................................

ad. 1995 No. 406

am. 1996 No. 98

rep. 2011 No. 131

Schedule

Heading to Schedule............

rs. 1991 No. 170; 1992 No. 265

Schedule................................

am. 1991 No. 170; 1992 No. 265; 1995 No. 92; 2005 No. 218

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