Superannuation (Salary) Regulations (Amendment) (Cth)

Statutory Rules 1993

No. 102 1

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Superannuation (Salary) 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 Act 1976.

Dated 27 May 1993.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

RALPH WILLIS

Minister for Finance

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1.    Amendment

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

[NOTE:

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

2.   Part 2e (Certain employment agreements)

2.1   Omit the Part heading, substitute:

“PART 2e—FLEXIBLE REMUNERATION PACKAGES”.

3.   Regulation 8p (Interpretation)

3.1   Omit the definitions of “relevant authority” and “relevant office”.

4.   Regulation 8q (Executive employees—flexible remuneration packages)

4.1   Omit the regulation, substitute:

Executive employees—flexible remuneration packages

 “8q. (1) This regulation applies, subject to regulation 8qa, to an eligible employee who:

• (a)

  is appointed or employed by an authority or body mentioned in column 2 of an item in Part 1 of Schedule 1; or

• (b)

  is appointed or employed by or under a law mentioned in column 2 of an item in Part 2 of Schedule 1; or

• (c)

  holds an office mentioned in column 2 of an item in Part 3 of Schedule 1;

under, or in accordance with, a relevant agreement.

“(2)

For the purposes of the Act, the annual rate of salary on a particular day of an eligible employee to whom this regulation applies is an amount equal to the total yearly value on that day of that employee’s remuneration (including his or her non-monetary entitlements) under that agreement, multiplied by the percentage set out in column 3 of the item in Schedule 1 that applies to the eligible employee.”.

5.   Schedule 1 (Percentage rates for certain eligible employees)

5.1   Part 1:

Omit the heading, substitute:

“part 1—employees of certain authorities

or bodies”.

5.2   Part 2 (Employees holding office under certain laws)

Omit the heading, substitute:

“PART 2—PERSONS APPOINTED OR EMPLOYED UNDER CERTAIN LAWS”.

5.3   Part 2 (Persons appointed or employed under certain laws):

Omit items 3, 4 and 5.

5.4   Insert after Part 2:

“PART 3—PERSONS HOLDING CERTAIN OFFICES

Column 1 Item No.	Column 2 Office	Column 3 Percentage
1	An office of Deputy Commissioner of Police established by Division 1 of Part IV of the Australian Federal Police Act 1979	70
2	An office established under Division 2 of Part IV of the Australian Federal Police Act 1979	70
3	An office of the Dairy Research and Development Corporation established by the Primary Industries and Energy Research and Development Act 1989	70
4	An office established under the Science and Industry Research Act 1949 and known as Institute Director	76.6”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 3 June 1993.

2. Statutory Rules 1978 No. 282 as amended by 1981 No. 5; 1985 Nos. 204 and 326; 1986 Nos. 43 and 49; 1987 No. 70; 1988 Nos. 171, 231, 250 and 350; 1989 No. 77; 1990 No. 128; 1991 Nos. 167, 312 and 466; 1992 Nos. 169, 219, 266, 290, 397 and 427; 1993 No. 4.