Superannuation (PSS) Membership Inclusion Declaration (Amendment) (Cth)

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Statutory Rules 1997   No. 721 __________________ Superannuation (PSS) Membership Inclusion Declaration2 (Amendment) I, JOHN FAHEY, Minister for Finance, make the following Declaration under paragraph 6 (1) (j) of the Superannuation Act 1990. Dated 18 March 1997. JOHN FAHEY Minister for Finance ____________ 1.   Amendment 1.1   The Superannuation (PSS) Membership Inclusion 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 2 (Interpretation) 2.1   Subclause 2 (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. 79 as amended by 1995 Nos. 88, 216 and 232; 1996 No. 296.