Document ID: chunk:federal_register_of_legislation:C2017C00101:section:3:p2
Version: federal_register_of_legislation:C2017C00101
Segment Type: section
Provision Reference: s 3 (pt 2/7)
Character Range: 5941–8727

became payable.
class employee means a qualified employee in a class in respect of which a declaration is in force under section 4A.
continuing contribution, in relation to a fund employee, has the meaning given by section 3C.
CSC (short for Commonwealth Superannuation Corporation) has the same meaning as in the Governance of Australian Government Superannuation Schemes Act 2011.
declared first interest factor, in relation to a financial year, means the factor that is the declared first interest factor for that year because of a declaration in force under paragraph 3E(a).
declared fund means the nominated fund or an approved fund.
declared second interest factor, in relation to a financial year, means the factor that is the declared second interest factor for that year because of a declaration in force under paragraph 3E(b).
Department means:
 (a) an Agency within the meaning of the Public Service Act 1999; or
 (b) a Department of the Parliament established under the Parliamentary Service Act 1999.
designated employer, in relation to a qualified employee, means:
 (a) where the employee is a permanent employee, or temporary employee, other than an employee employed by an approved authority:
 (i) if the remuneration in respect of his or her employment is paid wholly or principally out of money appropriated by an annual Appropriation Act—the Department in respect of which the money is appropriated; or
 (ii) if the remuneration in respect of his or her employment is paid wholly or principally out of money appropriated under an Act other than an annual Appropriation Act—such Department as is determined by the Minister; or
 (b) where the employee is a holder of a statutory office:
 (i) if the remuneration in respect of that office is paid by an approved authority—that authority; or
 (ii) if subparagraph (i) does not apply—such Department or person as is determined by the Minister; or
 (c) where the employee is employed by an approved authority—that authority; or
 (d) in any other case—such person as is determined by the Minister.
Finance Department means the Department administered by the Minister administering the Public Governance, Performance and Accountability Act 2013.
Fund has the same meaning as in the new Superannuation Act.
fund employee means a remainder employee who is a member of a declared fund.
interim arrangement employee means a remainder employee who is not a fund employee.
interim benefit means a benefit payable in accordance with this Act.
long term bond rate, in relation to a calendar year, means:
 (a) in the case of the year commencing on 1 January 1988—0.1286; or
 (b) in the case of a subsequent year—the rate, expressed as a fraction, that is the assessed secondary market yield last published by the Reserve Bank before 1