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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 114

Superannuation arrangements

  (1)   The Minister may make a written determination about the provision of superannuation benefits for or in relation to a specified full - time member who, when the determination is made, is not an eligible employee or a member of the superannuation scheme established by deed under the Superannuation Act 1990 .

  (2)   The Minister may, by writing, vary or revoke a determination made under subsection   (1), even if it has been varied at least once before.

  (3)   The Minister must not make a determination under subsection   (1), or vary or revoke a determination so made, except in accordance with arrangements approved by the Minister under the Superannuation Benefits (Supervisory Mechanisms) Act 1990 .

  (4)   Superannuation benefits may be provided in accordance with a determination under subsection   (1) as that determination is in force when the benefits are provided.


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