Superannuation Industry (Supervision) Regulations (Amendment) (Cth)

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Statutory Rules 1996

No. 122 1

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Superannuation Industry (Supervision) 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 Industry (Supervision) Act 1993.

Dated 25 June 1996.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

JIM SHORT

Assistant Treasurer

for the Treasurer

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1.   Amendment

1.1   The Superannuation Industry (Supervision) Regulations are amended as set out in these Regulations.

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

2.   Regulation 1.04 (Section 10 of the Act—prescribed matters)

2.1   Subregulation 1.04 (4C):

After “scheme”, insert “specified in Part 1 of Schedule 1AA”.

2.2   After subregulation 1.04 (4C), insert:

 “(4D) Subregulation (4A) applies in relation to a scheme specified in Part 2 of Schedule 1AA during the 1996-97 year of income, and subsequent years of income, of that scheme.”.

3.   Schedule 1AA

3.1.   Omit the heading, substitute:

PART 1—EXEMPT PUBLIC SECTOR SUPERANNUATION SCHEMES (1994-95 AND 1995-96 YEARS OF INCOME)

3.2   Under the heading “NEW SOUTH WALES” insert the following Acts in their appropriate alphabetical positions:

“Local Government and other Authorities (Superannuation) Act 1927

New South Wales Retirement Benefits Act 1972

Public Authorities Superannuation Act 1985

State Public Service Superannuation Act 1985

Superannuation Administration Act 1991

Transport Employees Retirement Benefits Act 1967”.

3.3   Add at the end:

“PART 2—EXEMPT PUBLIC SECTOR SUPERANNUATION SCHEMES (1996-97 YEAR OF INCOME AND SUBSEQUENT YEARS OF INCOME )

COMMONWEALTH

Schemes established by or under:

Defence Force Retirement and Death Benefits Act 1973

Governor-General Act 1974

Judges’ Pensions Act 1968

Parliamentary Contributory Superannuation Act 1948

SCHEDULE 1AA— continued

NEW SOUTH WALES

Schemes established by or under:

First State Superannuation Act 1992

Judges’ Pensions Act 1953

Local Government and Other Authorities (Superannuation) Act 1927

New South Wales Retirement Benefits Act 1972

Parliamentary Contributory Superannuation Act 1971

Police Regulation (Superannuation) Act 1906

Public Authorities Superannuation Act 1985

Public Sector Executives Superannuation Act 1989

State Authorities Non-contributory Superannuation Act 1987

State Authorities Superannuation Act 1987

State Public Service Superannuation Act 1985

Superannuation Act 1916

Superannuation Administration Act 1991

Transport Employees Retirement Benefits Act 1967

VICTORIA

Schemes established by or under:

Attorney General and Solicitor General Act 1972

Coal Mines (Pensions) Act 1958

Constitution Act 1975

County Court Act 1958

County Court (Jurisdictions) Act 1968

Director of Public Prosecutions Act 1994

Emergency Services Superannuation Act 1986

Hospitals Superannuation Act 1988

Justices Act 1958

Local Authorities Superannuation Act 1988

Magistrates (Summary Proceedings) Act 1975

Mint Act 1958

Ombudsman Act 1973

Parliamentary Salaries and Superannuation Act 1968

Port of Geelong Authority Act 1958

Port of Melbourne Authority Act 1958

Public Sector Superannuation (Administration) Act 1993

State Superannuation Act 1988

Supreme Court Act 1986

SCHEDULE 1AA— continued

QUEENSLAND

Government Officers’ Superannuation Scheme (GoSuper)

Governors’ Pension Scheme

Judges Pension Scheme

Parliamentary Contributory Superannuation Fund

Police Superannuation Fund (Police Super)

Queensland Fire Service Superannuation Plan

State Public Sector Superannuation Scheme (Q Super)

State Service Superannuation Fund (State Super)

SOUTH AUSTRALIA

Schemes established by or under:

Electricity Corporations Act 1994

Governors’ Pensions Act 1976

Judges’ Pensions Act 1971

Parliamentary Superannuation Act 1974

Police Superannuation Act 1990

Southern State Superannuation Act 1994

Superannuation Act 1988

Superannuation (Benefit Scheme) Act 1992

Schemes established by or under trust deeds

Lyell McEwen Health Service Incorporated Superannuation Fund

Police Occupational Superannuation Scheme

WESTERN AUSTRALIA

Schemes established by or under:

Government Employees Superannuation Act 1987

Judges’ Salaries and Pensions Act 1950

Parliamentary Superannuation Act 1970

Superannuation and Family Benefits Act 1938

TASMANIA

Schemes

established by or under:

Governor of Tasmania 1982

Judges’ Contributory Pensions Act 1968

Parliamentary Retiring Benefits Act 1985

Parliamentary Superannuation Act 1973

Retirement Benefits Act 1993

Solicitor-General Act 1983

SCHEDULE 1AA— continued

AUSTRALIAN CAPITAL TERRITORY

Schemes established by or under:

Superannuation (Legislative Assembly Members) Act 1991

NORTHERN TERRITORY

Schemes established by or under:

Administrators Pension Act 1981

Legislative Assembly Members’ Superannuation Act 1979

Superannuation Act 1986

Supreme Court (Judges Pensions) Act 1980

Other schemes

Northern Territory Police Supplementary Benefit Scheme

Northern Territory Supplementary Superannuation Scheme”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 28 June 1996.

2. Statutory Rules 1994 No. 57 as amended by 1994 Nos. 189 and 432; 1995 Nos. 47, 64, 142, 158, 159, 240, 293, 384 and 430; 1996 Nos. 44 and 57.

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