Commonwealth Numbered Acts

SUPERANNUATION ACT 1976 No. 31, 1976 - SECT 159

159. (1) Where, in pursuance of a provision of this Act, an amount is paid out
of the Consolidated Revenue Fund to or in respect of a person who is or has
been an eligible employee, being an eligible employee who is or was employed
by an approved authority (or is or was the holder of a statutory office and is
declared by the Treasurer to be a person who is to be treated, for the
purposes of this section, as if he were or had been so employed), the
authority shall pay to the Commonwealth an amount equal to that amount less,
where an amount has been paid or is payable out of the Superannuation Fund
into the Consolidated Revenue Fund in respect of the person, such amount as
the Treasurer determines, and the approved authority may apply for that
purpose any moneys under its control.

(2) The Treasurer may enter into an arrangement with an approved authority for
the making of payments to the Commonwealth by the approved authority in lieu
of payments that, but for the arrangement, the authority would be required to
make under sub-section (1), being an arrangement which the Treasurer is
satisfied will provide a fair basis of payment to the Commonwealth in respect
of amounts paid, payable or likely to become payable out of the Consolidated
Revenue Fund in respect of eligible employees who are or have been employed by
the approved authority, and the approved authority may apply for the purposes
of the arrangement any moneys under its control.

(3) The regulations may provide that the provisions of sub-sections (1) and
(2) do not apply to an approved authority specified in the regulations.