Commonwealth Numbered Regulations - Explanatory Statements

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SUPERANNUATION (PSS) APPROVED AUTHORITY EXCLUSION DECLARATION (AMENDMENT) 1995 NO. 231

EXPLANATORY STATEMENT

STATUTORY RULES 1995 No. 231

Issued by the Authority of the Minister for Finance

Superannuation Act 1990

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

The Superannuation Act 1990 (the 1990 Act) makes provision for and in relation to an occupational superannuation scheme, the Public Sector Superannuation Scheme (the PSS), for persons employed by the Commonwealth and certain other persons.

Persons eligible to contribute under the 1990 Act include certain persons employed by an approved authority. In accordance with paragraph (a) of the definition of "approved authority" in section 3 of the 1990 Act, an approved authority includes an authority or body that was, immediately before 1 July 1990, an approved authority for the purposes of the Superannuation Act 1976 (the 1976 Act), other than any such authority or body declared, in writing, by the Minister for Finance not to be an approved authority for the purposes of the 1990 Act. Declarations made under paragraph (a) of the definition of approved authority are contained in the Superannuation (PSS) Approved Authority Exclusion Declaration (the Principal Declaration).

In accordance with section 45 of the 1990 Act, a declaration for the purposes of paragraph (a) of the definition of "approved authority" 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.

The review of air regulation and safety resulted in the commencement, on 6 July 1995, of the Civil Aviation Legislation Amendment Act 1995 (the CALA Act) (which amends the Civil Aviation Act 1988) and the Air Services Act 1995 (the AA Act). The CALA Act abolishes the Civil Aviation Authority (CAA) and provides for the establishment of the Civil Aviation Safety Authority (CASA). The AA Act provides for the establishment of Airservices Australia (AA).

CAA was an approved authority for the purposes of the 1976 Act on 30 June 1990.

The declaration contained in the Statutory Rules, and cited as Superannuation (PSS) Approved Authority Exclusion Declaration (Amendment) amends the Principal Declaration by omitting CAA from the fist of bodies declared not to be approved authorities for the purposes of the 1990 Act.

The declaration commenced on 6 July 1995.


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