Superannuation (PSS) Membership Exclusion Declaration (Amendment) (18/03/1997) (Cth)
| Statutory Rules 1997 No. 711 __________________ Superannuation (PSS) Membership Exclusion Declaration2 (Amendment) I, JOHN FAHEY, Minister for Finance, make the following Declaration under paragraph 6 (2) (c) of the Superannuation Act 1990. Dated 18 March 1997. JOHN FAHEY ____________ 1. Amendment 1.1 The Superannuation (PSS) Membership Exclusion Declaration is amended as set out in this Declaration. [NOTE: This Declaration commences on gazettal: see Acts Interpretation Act 1901, ss. 46A and 48.] 2. Clause 3 (Interpretation) 2.1 Subclause 3 (1) (definition of “top-up arrangement”): Omit the definition, substitute: “‘top-up arrangement’ means an arrangement in relation to the employment of, or the holding of an office by, a person (‘the payee’): (a) under which: (i) another person (‘the payer’) contributes, on behalf of the payee, to a superannuation scheme (which may be a scheme that applies only to the payee) under which superannuation or retirement benefits are payable to, or in relation to, the payee; and (ii) the contributions are part of, and not additional to, the payee’s overall remuneration package provided by the payer; and (b) that is entered into on the basis that: (i) the payee continues to be, or becomes, a member of the Public Sector Superannuation Scheme; and (ii) the payer continues to be, or becomes, the designated employer of the payee; in relation to that employment or holding of office.”. _____________________________________________________ NOTES 1. Notified in the Commonwealth of Australia Gazette on 8 April 1997. 2. Statutory Rules 1995 No. 217 as amended by 1995 No. 233; 1996 Nos. 4 and 172. |
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