Document ID: chunk:federal_register_of_legislation:C2004A01463:body:0:p2
Version: federal_register_of_legislation:C2004A01463
Segment Type: other
Provision Reference: 
Character Range: 2608–5273

shall be deemed to be constituted under an Act administered by the Minister for Aboriginal Affairs.

Superannuation provision for certain persons by way of life assurance.
4. Section 7 of the Principal Act is amended by inserting after sub-section (1) the following sub-section:—

"(1a) An arrangement shall not be made under sub-section (1) of this section on or after 1 July 1976.

Repeal of Part II.
5. (1) Part II of the Principal Act is repealed.

(2) Notwithstanding the repeal effected by sub-section (1), section 15 of the Principal Act continues to apply to and in relation to the accounts relating to the Superannuation Fund to the extent that those accounts had not, before the commencement of this section, been audited by the Auditor-General.

Contributions not payable on or after 1 July 1976.
6. After section 19 of the Principal Act the following section is inserted: —

"19a. Contributions shall not be made under this Act on or after 1 July 1976 except—

(a) contributions the obligation for the payment of which came into existence before that date; or
    (b) contributions payable by virtue of an election made under sub-section (3) of section 19 of this Act, whether made before or after that date.".

Units of pension.
7. Section 20 of the Principal Act is amended—
    (a) by adding at the end of sub-section (6) the words but a person is not entitled to make an election under this sub-section after 30 June 1976"; and
    (b) by inserting after sub-paragraph (i) of paragraph (b) of sub-section (10) the following sub-paragraphs:—
        "(ia) in the case of an employee who is a contributor to the Fund in accordance with Part VIa and was, immediately before he became an employee, a member of a superannuation scheme within the meaning of that Part—the period during which he was a member of that scheme;
        "(ib) in the case of an employee who is contributing to the Fund in accordance with Part VIIa and was, immediately before he became an employee, a contributor to a State Fund within the meaning of that Part—the period during which he was a contributor to that fund;".
8. After section 20 of the Principal Act the following sections are inserted:—

Obligation to make additional contributions after 4 February 1976.
"20aa. (1) Subject to sub-section (2) of this section, a contributor is not eligible, and shall not be required, to contribute for an additional unit of pension by reason of—

(a) an increase in his salary that takes effect after 4 February 1976; or
(b) an increase in the prescribed amount that takes effect after that date.

"(2) Where—
    (a) a contributor ceases to be an employee after 4 February 1976