Superannuation (Julia Farr Services Employees) Variation Regulations 2005 (SA)

South Australia

Superannuation (Julia Farr Services Employees) Variation Regulations 2005

under the Superannuation Act 1988

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Superannuation (Julia Farr Services Employees) Regulations 2003

1. Variation of regulation 11—Substitution of sections 27, 28, 28A, 28B, 28C and 29

2. Variation of regulation 13—Substitution of sections 31 and 32

Part 1—Preliminary

1—Short title

These regulations may be cited as the Superannuation (Julia Farr Services Employees) Variation Regulations 2005.

2—Commencement

These regulations come into operation on the day on which they are made.

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 (Julia Farr Services Employees) Regulations 2003

4—Variation of regulation 11—Substitution of sections 27, 28, 28A, 28B, 28C and 29

1. Regulation 11—delete the formula appearing in substituted section 27(1) and substitute:

2. Regulation 11—after the definition of FS appearing in substituted section 27(1) insert:

   Pn is—

   (a)in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

   (b)in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

3. Regulation 11—delete the formula appearing in substituted section 27(2) and substitute:

4. Regulation 11—after the definition of FS appearing in substituted section 27(2) insert:

   Pn is—

   (a)in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

   (b)in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

5—Variation of regulation 13—Substitution of sections 31 and 32

1. Regulation 13—delete the formula appearing in substituted section 31 and substitute:

2. Regulation 13—after the definition of FS appearing in substituted section 31 insert:

   Pn is—

   (a)in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

   (b)in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

3. Regulation 13—delete the formula appearing in substituted section 32(2) and substitute:

4. Regulation 13—after the definition of FS appearing in substituted section 32(2) insert:

   Pn is—

   (a)in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

   (b)in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

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's Deputy

with the advice and consent of the Executive Council

on 13 January 2005

No 2 of 2005

T&F04/090CS