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

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Statutory Rules 1987

No.

1

3 o - |

Superannuation (Former Eligible Employees)

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.

DatecL2\ O -ecem cjeA 1987.

a M. STEPHEN

Governor-General

By His Excellency’s Command,

OaMr >x>lch

Minister of State for Finance

Commencement

1. These Regulations shall come into operation on 1 January 1988.

Principal Regulations

2. In

these

Regulations,

“Principal

Regulations”

means

the

Superannuation (Former Eligible Employees) Regulations.

3. After Regulation 4 of the Principal Regulations the following regulation

is inserted:

Application of the Act to members of the Police Force of the Northern

Territory

“5. The Act and the provisions of the Act specified in Schedule 2 apply subject to the modifications specified in that Schedule in relation to those persons to whom section 126a of the Act applies who:

(a)

were, immediately before 1 January 1988, members of the Police Force of the Northern Territory; and

(b)

on or after that date become, pursuant to section 53 of the Superannuation Act 1986 of the Northern Territory, eligible employees within the meaning of that Act.”.

(S.R. 341/87)-C a t. No.

16/3.12.1987

2

Superannuation (Former Eligible Employees)

1987 No.

Application of the Act to employees of Northern Territory

4. Regulation 4 of the Principal Regulations is amended by omitting

“Schedule” (wherever occurring) and substituting “Schedule 1”.

Schedule

5. The Schedule to the Principal Regulations is amended by omitting

from the heading “Schedule” and substituting “Schedule 1”.

Schedule 2

6. The Principal Regulations are amended by adding at the end the

following Schedule:

SCHEDULE 2

Regulation 5

MODIFICATIONS—MEMBERS OF POLICE FORCE OF NORTHERN

TERRITORY

Section

Modifications

137

Omit subsections (3) and (4).

138

Omit the section.

139

Omit subsection (1), substitute the following subsection: “ (1) Where a person who:

(a)

was, immediately before 1 January 1988, a member of the Police Force of the Northern Territory; and

(b)

on or after that date became, pursuant to section 53 of the Superannuation Act 1986 of the Northern Territory, an eligible employee within the meaning of that Act and thereby ceased to be an eligible employee within the meaning of this Act;

makes an election under section 137 as a consequence of so ceasing to be an eligible employee within the meaning of this Act, deferred benefits are, subject to this Division, applicable in respect of the person if, at the time when the person so ceased to be an eligible employee, he or she had completed one year of eligible employment.”.

Insert in subsection (2) “referred to in subsection (1)” after “a person”.

Omit paragraph (2) (b), substitute the following paragraph:

“(b) the date of his or her death;”.

Insert in paragraph (2) (c) “when the person has ceased to be employed by an approved authority, being the Northern Territory of Australia or an authority or body established under a law of that Territory, or the holder of a statutory office established by a law of that Territory, and” after “being a date”.

Omit paragraph (2) (d), substitute the following paragraphs:

“ (d) if the person is not employed by an approved authority, being the Northern Territory of Australia or an authority or body established under a law of that Territory, or is not the holder of a statutory office established by a law of that Territory, on the day on which the person attains the age of 65 years—the day on which the person attains that age;

Superannuation (Former Eligible Employees)

1987 No.

/

3

SCHEDULE 2—continued

Section

Modifications

(e)

if the person is employed by an approved authority, being the Northern Territory of Australia or an authority or body established under a law of that Territory, or is the holder of a statutory office established by a law of that Territory, on the day on which the person attains the age of 65 years—the day immediately following the day on which the person ceases to be so employed or to hold that office.”.

Omit subsections (3), (4), (6) and (7).

141                     Omit the section.

NOTES

1.    Notified in the Commonwealth o f Australia Gazette on

2. Statutory Rules 1986 No. 266.

Printed by Authority by the Commonwealth Government Printer

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