Document ID: chunk:federal_register_of_legislation:C2004A04907:body:0:p24
Version: federal_register_of_legislation:C2004A04907
Segment Type: other
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Character Range: 59422–62711

Industry (Supervision) Act 1993", substitute "SIS Act".

155. Subsection 168(1A):

Omit "Superannuation (1990) Scheme", substitute "Public Sector Superannuation Scheme".

156. After subsection 168(12):

Insert:

"(12A) Regulations made within one year after the commencement of this subsection for the purposes of the amendments of this Act made by Schedule 2 to the Superannuation Legislation Amendment Act 1995 may commence on a day earlier than the day on which they are made, but not earlier than the commencement of this subsection.".

157. Subparagraph 168(13)(b)(i):

Omit "Superannuation Industry (Supervision) Act 1993", substitute "SIS Act".

158. Subparagraph 168(13)(b)(iii):

Omit "Superannuation Industry (Supervision) Act 1993", substitute "SIS Act".

SCHEDULE 2—continued

159. Subsection 184(3):

    (a) Omit "he", substitute "it".

    (b) Omit "him", substitute "it".

160. Subsection 185(3):

Omit.

161. Subsection 185(4):

Omit, substitute:

"(4) An existing contributor to whom subsection 185(4) of the Superannuation Act 1976 applied on 30 June 1995 may continue to pay supplementary contributions at the percentage rate at which he or she was entitled to pay supplementary contributions on that day.".

162. Subsection 237(1) (definition of "Board No. 1"):

Omit.

163. Subsection 242D(1):

Omit "section 139 and subsection 141(1)", substitute "section 138".

164. Subsection 242D(2):

Omit "139(2)(a)" substitute "138(2)(a)".

165. Paragraph 242E(1)(c):

Omit, substitute:

     "(c) if the Board is satisfied that the person has, because of invalidity or physical or mental incapacity, become totally and permanently incapacitated within the meaning of Part IVA—the date that the Board considers to have been the date on which the person became so incapacitated;".

166. Heading to Part XIV:

Omit "SUPERANNUATION (1990) SCHEME", substitute "PUBLIC SECTOR SUPERANNUATION SCHEME".

167. Section 243:

Repeal, substitute:

Interpretation

"243. In this Part, unless the contrary intention appears:

'assets', 'investment assets of the Fund', 'investment liabilities of the Fund' and 'liabilities' have the same meanings as in Part XIII.".

SCHEDULE 2—continued

168. Section 244:

Omit "Public Service Act 1922" (wherever occurring), substitute "Public Service Act".

169. Subsection 244(1):

Omit "Superannuation (1990) Scheme", substitute "Public Sector Superannuation Scheme".

    Note: The heading to section 244 is altered by omitting "Superannuation (1990) Scheme" and substituting "Public Sector Superannuation Scheme".

170. Paragraph 244(3)(a):

Omit "Superannuation (1990) Scheme", substitute "Public Sector Superannuation Scheme".

171. Section 247:

Omit "Superannuation (1990) Scheme", substitute "Public Sector Superannuation Scheme".

172. Subsection 248(1):

Omit "Board No. 1", substitute "the PSS Board".

    Note: The heading to section 248 is altered by omitting "Superannuation (1990) Scheme" and substituting "Public Sector Superannuation Scheme".

173. Section 249:

Omit "Board No. 1" (wherever occurring), substitute "the PSS Board".

174. Application

The amendments made by items 67, 117, 119, 123, 124, 125, 126, 127, 128, 130, 131, 132, 133, 135, 136, 139, 163 and 164 apply only to people who cease to be eligible employees on or