Commonwealth Consolidated Acts

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QANTAS SALE ACT 1992 - SECT 47

Qantas and its subsidiaries not to be eligible or relevant bodies for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990

             (1)  A notice published in the Gazette before the commencement of this section that declares Qantas or a Qantas subsidiary to be an eligible body for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990 is to have effect from and including the day this section commences as if it did not contain a reference to Qantas or the Qantas subsidiary but otherwise it is to continue to have effect according to its tenor.

             (2)  A notice published in the Gazette that declares Qantas or a Qantas subsidiary to be a relevant body for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990 is to have effect from and including the day this section commences as if it did not contain a reference to Qantas or the Qantas subsidiary but otherwise it is to continue to have effect according to its tenor.

             (3)  The amendment of a declaration referred to in subsection (1) or (2) by subsection (1) or (2) is not intended to prevent the declaration, as so amended, being amended or revoked by the Minister.

             (4)  In subsection (3):

"Minister" has the same meaning as in the Superannuation Benefits (Supervisory Mechanisms) Act 1990 .



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