Document ID: chunk:federal_register_of_legislation:C2004A03392:body:0:p14
Version: federal_register_of_legislation:C2004A03392
Segment Type: other
Provision Reference: 
Character Range: 33660–36365

"another member of the Trust or to an officer or employee of the Trust".
(2) A delegation under section 39 of the Principal Act that was in force immediately before the commencement of this section to a member of the Trust or to an officer or employee of the Trust continues in force after the commencement of this section as if given under that section as amended by sub-section (1).

Trust to keep accounts and records in respect of Fund, &c.
17. Section 44 of the Principal Act is amended by inserting after sub-section (2) the following sub-sections:
"(2a) The Auditor-General shall inspect and audit the accounts and records of financial transactions of the Trust and records relating to assets of, or in the custody of, the Trust and shall forthwith draw the attention of the Minister to any irregularity disclosed by the inspection and audit that is, in the opinion of the Auditor-General, of sufficient importance to justify so doing.
"(2b) The Auditor-General may, at the discretion of the Auditor-General, dispense with all or any part of the detailed inspection and audit of any accounts or records referred to in sub-section (1).
"(2c) The Auditor-General shall, at least once in each year, report to the Minister the results of the inspection and audit carried out under sub-section (2a).".

Leave of absence without pay
18. Section 51 of the Principal Act is amended by inserting in sub-section (3) "or permitted" after "required" (wherever occurring).

Absences under Maternity Leave (Commonwealth Employees) Act 1973
19. Section 51a of the Principal Act is amended by inserting in sub-section (2) "or permitted" after "required".

20. After section 57 of the Principal Act the following section is inserted in Division 1 of Part V:

Age retirement pension on election under section 76a
"57a. Where a person—
     (a) makes an election under section 76a; and
     (b) would, if he or she had retired otherwise than on the ground of invalidity, have been entitled to a standard age retirement pension under section 55,
then, on the day on which the person ceases to be entitled to an invalidity pension because of the election, the person becomes entitled to—
     (c) standard age retirement pension at the rate that would have been the rate of that pension at the time of the election if he or she had retired otherwise than on the ground of invalidity; and
     (d) if the person did not make an election under section 68 or 71 at the time of his or her retirement, additional age retirement pension in accordance with sub-section 57 (1) as if his or her accumulated contributions consisted only of his or her accumulated basic contributions.".

Early retirement—voluntary or involuntary