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PARLIAMENTARY SUPERANNUATION ACT 2004 - NOTES

PARLIAMENTARY SUPERANNUATION ACT 2004 - NOTES

No. 72, 2004

Compilation No. 6

Compilation date:   1 January 2018

Includes amendments up to: Act No. 38, 2017

Registered:    9 January 2018

 

About this compilation

This compilation

This is a compilation of the Parliamentary Superannuation Act 2004 that shows the text of the law as amended and in force on 1 January 2018 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

 

 

 

Contents

Part 1--Preliminary

1 Short title

2 Commencement

3 Definitions

4 Meaning of complying superannuation fund

5 Meaning of new scheme entry time

6 Meaning of new scheme contribution period

Part 2--The new parliamentary superannuation scheme

Division 1--Commonwealth's obligations to make contributions

7 Persons to whom this Division applies

8 The Commonwealth's obligations to make contributions

Division 2--Choice of funds

9 Meaning of fund--includes schemes and accounts

10 When may a person choose a fund?

11 The nature of the choice

12 How to make a choice

13 Duration of a choice notice

14 Variation of a choice notice

15 Revocation of a choice notice

16 Obligation to notify person of right to choose a fund

Division 3--The default fund

17 Declaration of the default fund

Part 3--Miscellaneous

18 Appropriation

19 Regulations

Endnotes

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

 

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.

 

Endnote 2--Abbreviation key

 

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

    /sub-subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev ... ) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

    effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

    effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub-Ch = Sub-Chapter(s)

    cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

    commenced or to be commenced

 

Endnote 3--Legislation history

 

Act

Number and year

Assent

Commencement

Application, saving and transitional provisions

Parliamentary Superannuation Act 2004

72, 2004

23 June 2004

s 3-19: 26 June 2004 (s 2(1) item 2)
Remainder: 24 June 2004 (s 2(1) item 1)

 

Parliamentary Superannuation Amendment Act 2006

115, 2006

24 Oct 2006

24 Oct 2006 (s 2)

Sch 1 (item 2)

Superannuation Legislation Amendment (Simplification) Act 2007

15, 2007

15 Mar 2007

Sch 1 (items 273, 406(1)-(3)): 15 Mar 2007 (s 2(1) item  2)

Sch 1 (item 406(1)-(3))

Remuneration and Other Legislation Amendment Act 2011

75, 2011

25 July 2011

Sch 2 (items 6, 7, 21): 5 Aug 2011 (s 2(1) item  3)

Sch 2 (item 21)

Statute Law Revision Act 2012

136, 2012

22 Sept 2012

Sch 1 (items 94-99): 22 Sept 2012 (s 2(1) item  2)

--

Public Governance and Resources Legislation Amendment Act (No. 1) 2015

36, 2015

13 Apr 2015

Sch 6 (items 27A-27E) and Sch 7 (items 1, 2): 14  Apr 2015 (s 2)

Sch 7 (items 1, 2)

as amended by

 

 

 

 

Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015

126, 2015

10 Sept 2015

Sch 1 (item 486): 5 Mar 2016 (s 2(1) item 2)

--

Parliamentary Business Resources (Consequential and Transitional Provisions) Act 2017

38, 2017

19 May 2017

Sch 1 (items 48-53) and Sch 3 (items 1-3, 9, 11): 1 Jan 2018 (s 2(1) items 3, 5)

Sch 3 (items 1-3, 9, 11)

 

Endnote 4--Amendment history

 

Provision affected

How affected

Part 1

 

s 3.....................

am No 75, 2011; No 38, 2017

s 4.....................

am No 15, 2007

s 5.....................

am No 136, 2012

Part 2

 

Division 1

 

s 8.....................

am No 115, 2006; No 75, 2011; No 38, 2017

Division 2

 

s 11....................

am No 36, 2015

s 13....................

am No 36, 2015

s 14....................

am No 36, 2015

s 16....................

am No 136, 2012; No 36, 2015

Division 3

 

s 17....................

am No 136, 2012