Superannuation Benefits (Prescribed Requirements - Screen Australia) Determination 2008 (Cth)

Superannuation Benefits (Prescribed Requirements - Screen Australia) Determination 2008[1]

I, NICK SHERRY, Minister for Superannuation and Corporate Law, acting for and on behalf of the Minister for Finance and Deregulation, make this Determination under subsection 6(1) of the Superannuation Benefits (Supervisory Mechanisms) Act 1990.

Dated 23 June 2008

NICK SHERRY Minister for Superannuation and Corporate Law for and on behalf of the Minister for Finance and Deregulation

1 Name of Determination

This Determination is the Superannuation Benefits (Prescribed Requirements - Screen Australia) Determination 2008

2 Commencement

This Determination commences on 1 July 2008.

3 Definitions

(1) In this Determination:

complying superannuation fund has the same meaning as defined in the Superannuation Industry (Supervision) Act 1993.

employer means Screen Australia as established by section 5 of the Screen Australia Act 2008.

retirement savings account has the same meaning as defined in the Retirement Savings Accounts Act 1997.

Screen Australia employee means a person employed under subsection 31(2) of the Screen Australia Act 2008.

4. Prescribed Requirements

For the purpose of section 5 of the Superannuation Benefits (Supervisory Mechanisms) Act 1990, the prescribed requirements set out in Schedule 1 apply to the employer for the provision of superannuation benefits on behalf of a Screen Australia employee.

Schedule 1 Prescribed Requirements for the Provision of Superannuation Benefits (section 3)

[1] The employer may make contributions, on behalf of a Screen Australia employee, into any complying superannuation fund or retirement savings account.

Note

[1] All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.