Document ID: chunk:federal_register_of_legislation:C2024C00498:section:4aa:p2
Version: federal_register_of_legislation:C2024C00498
Segment Type: section
Provision Reference: s 4AA (pt 2/2)
Character Range: 17577–18963

Minister determines.

Appropriation
 (5) A benefit under subsection (2) is payable out of the Consolidated Revenue Fund, which is appropriated accordingly.

Interest method determination
 (6) The Minister must, by writing, determine a method for the purposes of paragraph (2)(b).
 (7) A method determined under subsection (6) may provide for different interest rates for different periods.
 (8) A method determined under subsection (6) may be expressed to relate to a period that began before the determination was made.
 (9) A determination under subsection (6) may be varied, but not revoked, in accordance with subsection 33(3) of the Acts Interpretation Act 1901.
 (10) Subsection (9) does not limit the application of subsection 33(3) of the Acts Interpretation Act 1901 to other instruments under this Act.
 (11) A determination under subsection (6) is a legislative instrument.
 (12) Despite anything in regulations made for the purposes of paragraph 44(2)(b) of the Legislation Act 2003, section 42 (disallowance) of that Act applies to a determination under subsection (6) of this section.

Definitions
 (13) In this section:
complying superannuation fund or scheme has the same meaning as in the Superannuation Guarantee (Administration) Act 1992.
individual superannuation guarantee shortfall has the same meaning as in the Superannuation Guarantee (Administration) Act 1992.