Document ID: chunk:federal_register_of_legislation:C2004A04762:body:0:p25
Version: federal_register_of_legislation:C2004A04762
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after paragraph (b).

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 67
Preservation of portion of benefit

SECT
  67. Section 62B of the Principal Act is amended by omitting from the
definition of "AEC" in subsection (3) "1993" and substituting "1994".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 68
Accumulated employer contributions

SECT
  68. Section 110Q of the Principal Act is amended by omitting from subsection
(1B) "(1)" and substituting "(1A)".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 69
Interpretation

SECT
  69. Section 110SB of the Principal Act is amended:
  (a) by omitting from paragraph (a) of the definition of "notional
accumulated SG contributions" in subsection (1) "(4)" and substituting "(5)";
  (b) by omitting from the definition of "relevant period of employment" in
subsection (1) all the words and paragraphs after paragraph (b).

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 70
Payments into and out of Consolidated Revenue Fund

SECT
  70. Section 112 of the Principal Act is amended:
  (a) by inserting after subsection (10) the following subsection:
  (10AA) If payment of a pension and benefit (if any) to a person is postponed
under subsection 110TA(1), subsection (1A) does not apply in relation to the
person.";
  (b) by inserting after subsection (10A) the following subsection:
  (10AAA) If a pension the payment of which has been postponed under
subsection 110TA(1) becomes payable to or in respect of a person, the person's
Fund accumulated employer contributions (if any) must be paid out of the
Superannuation Fund into the Consolidated Revenue Fund.";
  (c) by omitting from subsection (10B) "Subject to subsection (10C), where"
and substituting "If";
  (d) by omitting from subsection (10B) "section 110TA" and substituting
"subsection 110TA(2) ";
  (e) by inserting after subsection (10B) the following subsection:
  (10BA) If a person who has postponed payment of a pension and benefit (if
any) under subsection 110TA(1) dies and there is no beneficiary to whom a
pension and benefit (if any) are payable in respect of the person, an amount
equal to the person's Fund accumulated employer contributions (if any) must be
paid out of the Superannuation Fund into the Consolidated Revenue Fund.";
  (f) by omitting from subsection (10C) "subsection (10B) does not apply in
relation to the person's accumulated contributions" and substituting "the
person's Fund accumulated employer contributions (if any) must be paid out of
the Superannuation Fund into the Consolidated Revenue Fund;".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 71
Correction of clerical errors

SECT
  71. Section 163B of the Principal Act is amended by inserting in paragraph
(b) "the Board, a delegate of the Board," before "the Commissioner".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 -