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

Statutory Rules 1996   No. 296¹

__________________

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 4 December 1996.

JOHN FAHEY

Minister for Finance

____________

1.   Commencement

1.1   This Declaration is taken to have commenced on 1 July 1996. 

2.   Amendment

2.1   The Superannuation (PSS) Membership Inclusion Declaration is amended as set out in this Declaration.

3.   Clause 3 (Persons to whom section 6 of the 1990  Act applies)

3.1   Subclause 3 (1):

Omit “and (3),”, substitute “, (3) and (4),”. 

3.2   Add at the end:

“(4)   Section 6 of the 1990 Act applies to a person referred to in item 11 in the Schedule only while a controlling interest in ACTTAB Limited is held by all or any of the following:

(a)   the Australian Capital Territory (or its nominees);

(b)   an authority or body, whether a body corporate or not, established for a public purpose by or under a law of the Australian Capital Territory;

(c)   a company, or other body corporate, in which the Australian Capital Territory (or its nominees), or an authority or body referred to in paragraph (b), has a controlling interest.”.

4.   Schedule (Persons to whom section 6 of the 1990 Act applies)

4.1   Add at the end:

“11

A person who:

             (a)   is an employee of ACTTAB Limited; and

             (b)   either:

   (i)   immediately before last becoming an employee of ACTTAB Limited:

   (A)   was a member of the Public Sector Superannuation Scheme; or

   (B)   made a declaration and an election under subsection 244 (1) of the 1976 Act; or

   (ii)   on 30 June 1996, was a Category A Member of the ACTTAB Staff Superannuation Plan; and

             (c)   in relation to the person’s employment with ACTTAB Limited, is not a member of an alternative superannuation scheme.”.

NOTES

1.   Notified in the Commonwealth of Australia Gazette on 18 December 1996.

2.   Statutory Rules 1995 No. 79 as amended by 1995 Nos. 88, 216 and 232.