Superannuation (State Public Sector) Amendment Regulation (No. 1) 1995 (Qld)

Queensland Subordinate Legislation 1995 No. 6 Superannuation (State Public Sector) Act 1990 SUPERANNUATION (STATE PUBLIC SECTOR) AMENDMENT REGULATION (No. 1) 1995 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Amendment of s 3 (Definitions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5 Amendment of s 4 (Compulsory membership) . . . . . . . . . . . . . . . . . . . . . . . 2 6 Amendment of s 5 (Discretionary membership) . . . . . . . . . . . . . . . . . . . . . . 2 7 Insertion of new s 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 6 Discretionary membership—Queensland Railways . . . . . . . . . . . . . 3

s1 2 s6 Superannuation (State Public Sector) Amendment (No. 1) No. 6, 1995 ˙ Short title 1. This regulation may be cited as the Superannuation (State Public Sector) Amendment Regulation (No. 1) 1995 . ˙ Commencement 2. This regulation commences on 1 February 1995. ˙ Regulation amended 3. This regulation amends the Superannuation(StatePublicSector)Regulation 1991 . ˙ Amendment of s 3 (Definitions) 4. Section 3— insert— ‘ “existing QR employee” means a person who is a QR employee at 31 January 1995. “new QR employee” means a person who starts being a QR employee on or after 1 February 1995. “QR employee” means a person who is employed or engaged by Queensland Railways.’. ˙ Amendment of s 4 (Compulsory membership) 5. Section 4— insert— ‘ (2) This section does not apply to a QR employee who is not a member of the scheme at 31 January 1995.’. ˙ Amendment of s 5 (Discretionary membership) 6.(1) Section 5, heading—

s7 3 s7 Superannuation (State Public Sector) Amendment (No. 1) No. 6, 1995 omit, insert— ‘ Discretionary membership—general ’. (2) Section 5— insert— ‘ (2) This section has effect subject to section 6.’. ˙ Insertion of new s 6 7. After section 5— insert— ˙ ‘ Discretionary membership—Queensland Railways ‘ 6.(1) An existing QR employee who is— (a) 24 or more at 31 January 1995 is eligible to become a member of the scheme before 1 February 1996; or (b) under 24 at 31 January 1995 is eligible to become a member of the scheme before the person turns 25. ‘ (2) A new QR employee who is— (a) 24 or more when the person becomes a QR employee is eligible to become a member of the scheme within 1 year of becoming a QR employee; or (b) under 24 when the person becomes a QR employee is eligible to become a member of the scheme before the person turns 25. ‘ (3) The employee’s membership of the scheme is discretionary. ‘ (4) The employee may elect to become a member of the scheme only while the person is eligible for membership. ‘ (5) The election must be given by written notice to the chief executive of Queensland Railways.’.

4 Superannuation (State Public Sector) Amendment (No. 1) No. 6, 1995 ENDNOTES 1. Made by the Governor in Council on 25 January 1995. 2. Notified in the Gazette on 27 January 1995. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Government Superannuation Office. © State of Queensland 1995