Document ID: chunk:federal_register_of_legislation:C2004A04762:body:0:p21
Version: federal_register_of_legislation:C2004A04762
Segment Type: other
Provision Reference: 
Character Range: 51922–54799

superannuation scheme provided for in that Act is consistent
with the definition of "independent director" in section 10 of the
Superannuation Industry (Supervision) Act 1993.

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 49
Remuneration

SECT
  49. Section 27J of the Principal Act is amended by adding at the end the
following subsections:
  (2) The remuneration and allowances of the Chairperson of the Board are to
be paid out of the Fund.
  (3) The remuneration and allowances of the members of the Board other than
the Chairperson may be paid, as determined by the Minister:
  (a) out of the Fund; or
  (b) out of the Consolidated Revenue Fund; or
  (c) partly out of the Fund and partly out of the Consolidated Revenue
Fund.".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - DIVISION 5
     Division 5-Termination of appointment of certain members of the
          Commonwealth Superannuation Board of Trustees No. 2

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 50
Object of Division

SECT
  50. The object of this Division is to amend the Principal Act so as to
ensure that the superannuation scheme provided for in that Act is consistent
with section 107 of the Superannuation Industry (Supervision) Act 1993.

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 51
Termination of appointment of appointed members

SECT
  51. Section 27M of the Principal Act is amended by adding at the end the
following subsections:
  (3) The Minister may not terminate the appointment of a member who was
nominated for appointment by the Australian Council of Trade Unions unless the
Council has consented to the t ermination.
  (4) Before deciding whether to consent to a proposed termination of the
appointment of a member referred to in subsection (3), the Australian Council
of Trade Unions must consult with organisations referred to in subsection
27F(4).".

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - DIVISION 6
     Division 6-Payment of certain money to eligible roll-over funds

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 52
Object of Division

SECT
  52. The object of this Division is to amend the Principal Act so as to
ensure that the superannuation scheme provided for in that Act is consistent
with section 244 of the Superannuation Industry (Supervision) Act 1993.

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 53
Interpretation

SECT
  53. Section 3 of the Principal Act is amended by inserting in subsection (1)
the following definition:
  "'eligible roll-over fund' means a fund in respect of which a declaration by
the Insurance and Superannuation Commissioner under section 243 of the
Superannuation Industry (Supervision) Act 1993 is in force.".

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