Document ID: chunk:federal_register_of_legislation:F2021C00237:reg:2
Version: federal_register_of_legislation:F2021C00237
Segment Type: reg
Provision Reference: reg 2
Character Range: 5604–6761

2  Establishment of the Public Sector Superannuation Accumulation Plan (PSSAP) and the PSSAP Fund

      2.1 There is hereby established from 1 July 2005 a superannuation scheme (to be known as the "Public Sector Superannuation Accumulation Plan" or "PSSAP") for the benefit of members of PSSAP and non‑member spouses entitled to benefits, to be administered in accordance with the Deed:
         (a) in relation to the period from 1 July 2005 to immediately before the commencement of the Governance of Australian Government Superannuation Schemes Act 2011, by the Australian Reward Investment Alliance (which, in this Deed, is called "the Board"); and
         (b) in relation to the period immediately following the commencement of the Governance of Australian Government Superannuation Schemes Act 2011, by the Commonwealth Superannuation Corporation (CSC) as defined in the Governance of Australian Government Superannuation Schemes Act 2011 (in this Deed called "CSC").
      2.2 There is hereby established from 1 July 2005, and vested in CSC (formerly referred to as "the Board"), a fund for the purposes of PSSAP (to be known as the PSSAP Fund").