Document ID: chunk:federal_register_of_legislation:C2006A00051:clause:1_74
Version: federal_register_of_legislation:C2006A00051
Segment Type: clause
Provision Reference: sch 1 cl 74
Character Range: 18533–20351

74  Membership of the Australian Reward Investment Alliance

Employer representative

(1) The person who is the member of the CSS Board referred to in subsection 27F(2) of the Superannuation Act 1976 immediately before the commencement time:
 (a) is taken to have been duly appointed to the Australian Reward Investment Alliance by the Minister under paragraph 4.1(a) of the Trust Deed (within the meaning of the Superannuation Act 1990) for the balance of the person's term of appointment; and
 (b) is taken to have been so appointed on the same terms and conditions as applied to the person immediately before the commencement time.

Employee representative

(2) The person who is the member of the CSS Board referred to in subsection 27F(3) of the Superannuation Act 1976 immediately before the commencement time:
 (a) is taken to have been duly appointed to the Australian Reward Investment Alliance by the Minister under paragraph 4.1(b) of the Trust Deed (within the meaning of the Superannuation Act 1990) for the balance of the person's term of appointment; and
 (b) is taken to have been so appointed on the same terms and conditions as applied to the person immediately before the commencement time.

Variation of terms and conditions

(3) Paragraphs (1)(b) and (2)(b) do not prevent a person's terms and conditions from being varied after the commencement time:
 (a) in accordance with those terms and conditions; or
 (b) by or under a law, award, determination or agreement.

(4) In this item:
vary, in relation to terms and conditions, includes:
 (a) omitting any of those terms and conditions; or
 (b) adding to those terms and conditions; or
 (c) substituting new terms or conditions for any of those terms and conditions.

Division 4—Reference to, and things done by or in relation to, the CSS Board