Superannuation Benefits (Supervisory Mechanisms) Act 1990 (Cth)

Superannuation Benefits (Supervisory Mechanisms) Act 1990

Act No. 39 of 1990 as amended

This compilation was prepared on 7 July 2005 taking into account amendments up to Act No. 81 of 2005

The text of any of those amendments not in force on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing, Attorney‑General's Department, Canberra

Contents 1 Short title [see Note 1]........................... 2 Commencement............................... 3 Interpretation................................. 4 Application.................................. 4A Declarations etc. by Minister........................ 5 Restrictions upon provision of superannuation............. 6 Prescribed requirements for provision of superannuation benefits.. 7 Effect of contravention of prescribed requirements........... 8 Delegation by Minister........................... 9 Consequential amendments and transitional provisions........

Notes An Act to establish supervisory mechanisms for the provision of superannuation benefits to certain persons, and for related purposes

1 Short title [see Note 1]

This Act may be cited as the Superannuation Benefits (Supervisory Mechanisms) Act 1990.

2 Commencement

This Act commences on 1 July 1990.

3 Interpretation

(1) In this Act:

excluded Territory authority or body means: (a) the Australian Capital Territory or the Northern Territory; or (b) an authority or body established or incorporated for a public purpose by a law of the Australian Capital Territory or the Northern Territory; or (c) a company or other body corporate in which the Australian Capital Territory or the Northern Territory has a controlling interest; or (d) an authority or body that is financed wholly or substantially, either directly or indirectly, by money provided by the Australian Capital Territory or the Northern Territory; or (e) a company or other body corporate in which a body politic, or other body or authority, referred to in paragraph (a), (b), (c) or (d) of this definition has, or 2 or more such bodies or authorities together have, a controlling interest.