Superannuation Funds Management Corporation of South Australia Variation Regulations 2006 (SA)

South Australia

Superannuation Funds Management Corporation of South Australia Variation Regulations 2006

under the Superannuation Funds Management Corporation of South Australia Act 1995

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Superannuation Funds Management Corporation of South Australia Regulations 1995

1. Variation of regulation 17—Restriction on investment of funds

2. Insertion of regulation 18

   18Prescribed public authorities

Part 1—Preliminary

1—Short title

These regulations may be cited as the Superannuation Funds Management Corporation of South Australia Variation Regulations 2006.

2—Commencement

These regulations will come into operation on the day immediately following the day on which the time for disallowance of these regulations has passed (see section 3(6) of the Superannuation Funds Management Corporation of South Australia Act 1995).

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Superannuation Funds Management Corporation of South Australia Regulations 1995

4—Variation of regulation 17—Restriction on investment of funds

1. Regulation 17(1)—after "public sector superannuation funds" insert:

   or the nominated funds of an approved authority

2. Regulation 17(3)—after "public sector superannuation funds" insert:

   or the nominated funds of an approved authority

5—Insertion of regulation 18

After regulation 17 insert:

18—Prescribed public authorities

For the purposes of the definition of prescribed public authority in section 3(1) of the Act, the following are declared to be prescribed public authorities:

(a)Adelaide Cemeteries Authority;

(b)South Australian Government Financing Authority.

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 27 July 2006

No 194 of 2006

T&F06/031CS