Superannuation Variation Regulations 2011 (SA)

South Australia

Superannuation Variation Regulations 2011

under the Superannuation Act 1988

Contents

Part 1—Preliminary

1            Short title

2            Commencement

3            Variation provisions

Part 2—Variation of Superannuation Regulations 2001

4            Variation of regulation 25—Exclusion of certain remuneration from salary

5            Variation of regulation 31—Prescribed authorities etc

Part 1—Preliminary

1—Short title

These regulations may be cited as the Superannuation Variation Regulations 2011.

2—Commencement

These regulations will come into operation on the day on which they are made.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Superannuation Regulations 2001

4—Variation of regulation 25—Exclusion of certain remuneration from salary

Regulation 25(1)—at the end of the list of allowances and payments insert:

performance allowances that are payable only if it is determined that specified criteria have been met;

attraction and retention allowances not being any of the following:

(a)those paid on an annual basis and not subject to an annual review;

(b)those paid without any requirement for a determination that specified criteria have been met;

(c)those to which regulation 25A applies;

payments made in lieu of a period of long service leave to which an employee has accrued an entitlement.

5—Variation of regulation 31—Prescribed authorities etc

Regulation 31, list of bodies—insert in alphabetical order:

Australian Education Union, South Australian Branch

Public Service Association of South Australia Incorporated

South Australian Health and Medical Research Institute Limited

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 6 October 2011

No 222 of 2011

T&F11/045CS