Document ID: chunk:federal_register_of_legislation:C2004A04762:body:0:p19
Version: federal_register_of_legislation:C2004A04762
Segment Type: other
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Character Range: 46904–49694

of the declaration or determination, be required or permitted to be
made under this Act; or
    (ii) relates solely to the termination of the Fund; or
    (iii) is made or given in circumstances covered by regulations made
for the purposes of subparagraph 60(1)(b)(iii) of the Superannuation Industry
(Supervision) Act 1993.".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 43
Regulations

SECT
  43. Section 168 of the Principal Act is amended by inserting after
subsection (12) the following subsections:
  (13) Regulations may not be made after the commencement of this subsection
unless:
  (a) the Board has consented to the making of the regulations; or
  (b) the regulations:
    (i) relate to a payment by an employer-sponsor within the meaning of
the Superannuation Industry (Supervision) Act 1993 that will, after the making
of the regulations, be required or permitted to be made under this Act; or
    (ii)  relate solely to the termination of the Fund; or
    (iii) are made in circumstances covered by regulations made for the
purposes of subparagraph 60(1)(b)(iii) of the Superannuation Industry
(Supervision) Act 1993.
  (14) If any regulations in force at the commencement of this subsection
confer a power on the Commissioner:
  (a) that power is exercisable after that commencement by the Board and not
by the Commissioner; and
  (b) any determination, approval or other thing that was made, given
or done by the Commissioner under that power before that commencement is
taken, after that commencement, for the purposes of this Act (other than
section 154 and Part XA) to have been made, given or done by the Board.".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 44
Repeal of section and substitution of new section

SECT
  44. Section 191 of the Principal Act is repealed and the following section
is substituted:
Assignment of life policies under superseded Act
  "191. If:
  (a) a life policy that was assigned by a person to the Superannuation Board
under section 119ZC of the superseded Act was transferred to the Commissioner
by subsection 76(2) of the Superannuation Amendment Act 1976; or
  (b) a life policy is assigned by a person to the Commissioner under section
119ZC of the superseded Act;
the following paragraphs apply:
  (c) the policy is, by this section, assigned to the Board;
  (d) section 145 of this Act applies, with such modifications as are
determined by the Board, to and in relation to the person and the policy as if
the policy had been assigned to the Board by the person under that section.".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 45
Transfer of assets etc. to approved superannuation schemes

SECT
  45. Section 240 of the Principal Act is amended by inserting in