Document ID: chunk:federal_register_of_legislation:C2004A04762:body:0:p33
Version: federal_register_of_legislation:C2004A04762
Segment Type: other
Provision Reference: 
Character Range: 83094–85827

immediately before 1 July 1994, an approval by the Minister was in
force under subsection 5(4) or (10) of the Principal Act, or was taken to be
in force because of paragraph 9(2)(e) or (f) of that Act, are taken, for the
purposes of the Principal Act as amended by this Part, to be superannuation
benefits that satisfy the prescribed requirements referred to in section 6 of
the Principal Act as so amended.
  (4) If a superannuation arrangement, or an amendment of a superannuation
arrangement, that, immediately before 1 July 1994, had no force or effect, or
had no force or effect in its purported application in respect of particular
people, under subsection 5(4), (5) or (10) of the Principal Act (including
subsection (4), (5) or (10) as it had effect because of subsection 9(6) of
that Act), then, subject to section 7 of the Principal Act as amended by this
Part, the arrangement or amendment has no force or effect on or after that
date.
  (5) If a superannuation arrangement, or an amendment of a superannuation
arrangement, that, immediately before 1 July 1994, had no force or effect, or
had no force or effect in its purported application in respect of particular
people, under subsection 5(6) of the Principal Act because of subsection 9(6)
of that Act, then, subject to section 7 of the Principal Act as amended by
this Part, the arrangement or amendment has no force or effect on or after
that date.

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 96
Repeal of section and substitution of new section

SECT
  96.(1) Section 6 of the Principal Act is repealed and the following section
is substituted:
Prescribed requirements for provision of superannuation benefits
  "6.(1) The prescribed requirements for the provision of superannuation
benefits under a superannuation arrangement for the purposes of section 5
are:
  (a) the requirements that the Minister, by signed writing, determines; and
  (b) a requirement that procedures, satisfactory to the Minister, are in
place for an employer that employs people for or in relation to whom the
benefits are to be provided to make annual or other reports relating to the
establishment and operation of the superannuation arrangement under which the
benefits are provided.
  (2) The requirements that the Minister may determine under paragraph (1)(a)
may include requirements as to:
  (a) the classes or kinds of employers (to be determined, in particular, by
reference to the nature of their operations) in respect of whom it is
appropriate to allow superannuation benefits to be provided for or in relation
to people employed by them; and
  (b) the maximum costs that may be incurred by an employer in providing the
benefits.
  (3) The requirements