Superannuation (CSS) Eligible Employees Regulations (Amendment) (Cth)

Statutory Rules 1996

No. 5 1

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Superannuation (CSS) Eligible Employees Regulations 2(Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation Act 1976.

Dated 24 January 1996.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

KIM C. BEAZLEY

Minister for Finance

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1.   Amendment

1.1   The Superannuation (CSS) Eligible Employees Regulations are amended as set out in these Regulations.

[NOTE: These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48.]

2.   Regulation 4 (Persons not included in definition of “eligible employee”)

2.1   Subregulation 4 (1):

After paragraph (d), insert:

• “; (da)

  persons ( in this paragraph referred to as ‘contributions-barred persons’) in respect of whom, under the SIS Act, contributions to a regulated superannuation fund cannot be accepted, other than:

  • (i)

    persons who:

    • (A)

      immediately before the commencement of this paragraph, were eligible employees; and

    • (B)

      have since remained eligible employees; or

  • (ii)

    persons (not being persons referred to in subparagraph (i)) who:

    • (A)

      immediately before becoming contributions-barred persons, were eligible employees; and

    • (B)

      have since remained eligible employees;”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 31 January 1996.

2. Statutory Rules 1976 No. 140 as amended by 1977 No. 157; 1978 Nos. 15 and 280; 1980 No. 181; 1982 No. 235; 1983 Nos. 76 and 77; 1984 No. 113; 1985 Nos. 343 and 375; 1986 Nos. 265, 345 and 373; 1987 Nos. 10, 62, 114, 225 and 306; 1988 Nos. 41, 59 and 149; 1989 Nos. 37, 85, 98, 121 and 169; 1990 Nos. 97, 142, 178 and 180; 1992 Nos. 429 and 458; 1994 Nos. 133, 232 and 272; 1995 Nos. 200 and 437.