Superannuation Legislation Amendment Act 1990 (Cth)

Superannuation Legislation Amendment Act 1990

No. 40 of 1990 TABLE OF PROVISIONS PART 1—PRELIMINARY Section 1. Short title 2. Commencement PART 2—AMENDMENTS OF THE SUPERANNUATION ACT 1922 3. Principal Act 4. Repeal of section 55 5. Payment to person other than pensioner PART 3—AMENDMENTS OF THE SUPERANNUATION ACT 1976 6. Principal Act 7. Long title 8. Interpretation 9. Insertion of new sections: 4a. Definition of "approved authority"—declaration for purposes of paragraph (a) 4b. Meaning of "re-employed former contributor with preserved rights" 10. Retirement on ground of invalidity 11. Accumulated basic and supplementary contributions—additional amounts 12. Children of deceased retirement pensioners 13. Temporary employees likely to be continued in employment 14. Repeal of section 12 15. Temporary employees employed under contract 16. Insertion of new section: 13a. Sections 11 and 13 not applicable to certain persons employed on or after 1 July 1990

TABLE OF PROVISIONS continued Section 17. Statutory office holders 18. Persons to whom Division 2 or 3 of Part IV of the Public Service Act applies 19. Insertion of new section: 15a. Persons excluded from definition of "eligible employee" 20. Medical examination, and issue of benefit classification certificate, on becoming eligible employee 21. Insertion of new sections: 16aa. Benefit event happening before section 16 procedures completed 16ab. Condition coming into existence after person became eligible employee 16ac. Issue of benefit classification certificate where duty of disclosure breached 16ad. Service of certificates and of related notices 16ae. Application of certain provisions to the Commissioner 22. Commissioner for Superannuation 23. Insertion of new Part: PART IIa—COMMONWEALTH SUPERANNUATION BOARD Division 1—Establishment. Functions and Powers of Board 27a. Establishment of Board 27b. Incorporation etc. 27c. Functions 27d. Powers Division 2—Constitution, meetings and business of Board 27e. Definitions 27f. Membership of Board 27g. Chairperson of Board 27h. Acting appointments 27j. Remuneration 27k. Leave of absence 27l. Resignation of appointed members 27m. Termination of appointment of appointed members 27n. Meetings 27p. Disclosure of interests 27q. Delegation by Board 27r. Indemnification of members of the Board 27s. Vacancies not to invalidate actions of Board 27t. Defective appointment not invalid etc. 27u. Staffing 24. Objective and duties of Trust 25. Repeal of sections 30, 30a and 31 and insertion of new section: 30. Membership of Trust 26. Remuneration and allowances 27. Leave of absence 28. Resignation 29. Disclosure of interests 30. Termination of appointment 31. Acting appointments 32. Meetings of Trust 33. Repeal of section 39 34. Establishment of Fund 35. Insertion of new section. Division and heading 43. Certain documents not liable to stamp duty etc. Division 2a—Provisions relating to certain services provided by Trust 43a. Powers of Trust as investment manager, etc. 43b. Trust may charge 43c. Costs