Superannuation (Unclaimed Money and Lost Members) Amendment (Prescribed Public Sector Superannuation Schemes and Other Measures) Regulation 2013 (Cth)

Superannuation (Unclaimed Money and Lost Members) Amendment (Prescribed Public Sector Superannuation Schemes and Other Measures) Regulation 2013

Select Legislative Instrument No. 203, 2013

I, Quentin Bryce AC CVO, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Superannuation (Unclaimed Money and Lost Members) Act 1999.

Dated 05 August 2013

Quentin Bryce

Governor‑General

By Her Excellency’s Command

David Bradbury

Minister Assisting for Financial Services and Superannuation

Contents

1............ Name of regulation............................................................................. 1

2............ Commencement.................................................................................. 1

3............ Authority............................................................................................ 1

4............ Schedule(s)......................................................................................... 1

Schedule 1—Amendments                                                                       2

Superannuation (Unclaimed Money and Lost Members) Regulations 1999     2

1Name of regulation

This regulation is the Superannuation (Unclaimed Money and Lost Members) Amendment (Prescribed Public Sector Superannuation Schemes and Other Measures) Regulation 2013.

2Commencement

This regulation commences on the day after it is registered.

3Authority

This regulation is made under the Superannuation (Unclaimed Money and Lost Members) Act 1999.

4Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Superannuation (Unclaimed Money and Lost Members) Regulations 1999

1  Before regulation 1

Insert:

Part 1—Preliminary

2  Regulations 3 and 4

Repeal the regulations, substitute:

3  Definition

                 In these Regulations:

Act means the Superannuation (Unclaimed Money and Lost Members) Act 1999.

3  Before regulation 4B

Insert:

Part 2—Prescribed visas

4  Regulations 4B and 4BA

Repeal the regulations, substitute:

4B  Temporary residents—prescribed visas

                 For subsection 20AA(2) and subparagraphs 20H(1)(a)(ii) and 20H(2)(b)(iii) of the Act, the following visas, as described in Schedule 2 to the Migration Regulations 1994, are prescribed:

                   (a)  Subclass 405 (Investor Retirement) visa;

                   (b)  Subclass 410 (Retirement) visa.

5  Before regulation 4C

Insert:

Part 3—Information to be included in notices

6  Regulation 4C (heading)

Repeal the heading, substitute:

4C  Recovery of overpayments

7  Subregulation 4C(1)

Omit “paragraph 20L(4)(a)”, substitute “paragraphs 18B(4)(a), 20L(4)(a) and 24K(4)(a)”.

8  Subregulation 4C(2) (definition of debtor)

Repeal the definition, substitute:

debtor has the same meaning as in the section of the Act under which the notice is given.

9  Before regulation 5

Insert:

Part 4—Information about lost members

10  Regulation 5 (heading)

Repeal the heading, substitute:

5  Information to be given to Commissioner

11  Regulation 8

Repeal the regulation.

12  Regulation 9, heading

Repeal the heading, substitute:

9  Register of Lost Members

13  Before regulation 10

Insert:

Part 5—Obtaining information and documents

14  Regulation 10 (heading)

Repeal the heading, substitute:

10  Expenses for persons attending before Commissioner

15  Regulation 10

Omit “The”, substitute “For subsection 47(4) of the Act, the”.

16  After regulation 10

Insert:

Part 6—Prescribed public sector superannuation schemes

11  Unclaimed money and lost member accounts—prescribed schemes

For sections 18AA and 24HA of the Act, each public sector superannuation scheme mentioned in the table is prescribed.

Prescribed public sector superannuation schemes
Item	Scheme	Act under which scheme is established
1	Emergency Services Superannuation Scheme	Emergency Services Superannuation Act 1986 (Vic.)
2	New Scheme	State Superannuation Act 1988 (Vic.)
3	Revised Scheme	State Superannuation Act 1988 (Vic.)
4	State Employees Retirement Benefits Fund	State Employees Retirement Benefits Act 1979 (Vic.)
5	Transport Superannuation Fund	Transport Superannuation Act 1988 (Vic.)
6	GESB Super (Retirement Access) Scheme	State Superannuation Act 2000 (WA)
7	GESB Super Scheme	State Superannuation Act 2000 (WA)
8	West State Super Scheme	State Superannuation Act 2000 (WA)

12  Unclaimed superannuation of former temporary residents—prescribed schemes

For section 20JA of the Act, each public sector superannuation scheme mentioned in the table is prescribed.

Prescribed public sector superannuation schemes
Item	Scheme	Act under which scheme is established
1	Public Sector Superannuation Scheme	Superannuation Act 1990
2	Emergency Services Superannuation Scheme	Emergency Services Superannuation Act 1986 (Vic.)
3	New Scheme	State Superannuation Act 1988 (Vic.)
4	Revised Scheme	State Superannuation Act 1988 (Vic.)
5	State Employees Retirement Benefits Fund	State Employees Retirement Benefits Act 1979 (Vic.)
6	Transport Superannuation Fund	Transport Superannuation Act 1988 (Vic.)
7	State Public Sector Superannuation Scheme	Superannuation (State Public Sector) Act 1990 (Qld)
8	GESB Super (Retirement Access) Scheme	State Superannuation Act 2000 (WA)
9	GESB Super Scheme	State Superannuation Act 2000 (WA)
10	West State Super Scheme	State Superannuation Act 2000 (WA)

17  Schedule 1

Omit “High Court Rules 1952” (wherever occurring), substitute “High Court Rules 2004”.