Commonwealth Numbered Regulations - Explanatory Statements

[Index] [Search] [Download] [Related Items] [Help]


SUPERANNUATION (CSS) APPROVED AUTHORITY AMENDMENT DECLARATION 2000 (NO. 1) 2000 NO. 370

EXPLANATORY STATEMENT

STATUTORY RULES 2000 No. 370

Issued by the authority of the Minister for Finance and Administration

Superannuation Act 1976

Superannuation (CSS) Approved Authority Amendment Declaration 2000 (No. 1)

Declaration under paragraph (a) of the definition of "Approved Authority" in section 3.

The Superannuation Act 1976 (the 1976 Act) makes provision for and in relation to the Commonwealth Superannuation Scheme (CSS) for Commonwealth employees and for certain other persons.

Persons eligible to contribute under the 1976 Act include persons who are employed under the Public Service Act 1999, as well as persons who are employed by an "approved authority". In accordance with paragraph (a) of the definition of "approved authority" in section 3 of the 1976 Act, an approved authority includes an authority or other body declared by the Minister for Finance and Administration to be an approved authority for the purposes of the 1976 Act, being an authority or body of a kind described in the definition.

Declarations made under paragraph (a) of the definition of approved authority are contained in the Superannuation (CSS) Approved Authority Declaration (the Principal Declaration).

Section 4A of the 1976 Act provides that such a Declaration is a disallowable instrument for the purposes of section 46A of the Acts Interpretation Act 1901 and a statutory rule for the purposes of the Statutory Rules Publication Act 1903.

Queensland Orchestras Pty Limited (ACN 094 916 444) is a wholly owned subsidiary of the ABC that was established under Corporations Law on 30 October 2000. It is a body of a kind described in paragraph (a) of the definition of "approved authority" in section 3 of the 1976 Act. Declaration of the company as an approved authority for the purposes of the 1976 Act will enable employees to continue, or re-commence, membership of the CSS.

The Declaration contained in the Statutory Rule and cited as "Superannuation (CSS) Approved Authority Amendment Declaration (No. 1)" amends the Principal Declaration by including Queensland Orchestras Pty Limited in the list of bodies declared by the Minister for Finance and Administration to be approved authorities for the purposes of the 1976 Act.

The Declaration commences on gazettal.


[Index] [Related Items] [Search] [Download] [Help]