Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT (No. 1) 1995 No. 54, 1995 - SCHEDULE 5

                          SCHEDULE 5              Section 3(4)

FURTHER AMENDMENTS OF THE SUPERANNUATION ACT 1990
PART 1-AMENDMENTS CONSEQUENTIAL ON THE CHANGE OF THE NAME
OF THE SUPERANNUATION SCHEME ESTABLISHED BY THE TRUST DEED 1. Heading to Part
3: Before "SUPERANNUATION SCHEME" insert "PUBLIC SECTOR". 2. Heading of Part
6: Omit "COMMONWEALTH SUPERANNUATION BOARD OF TRUSTEES No. 1" substitute "PSS
BOARD". 3. Section 3 (definition of "approved authority" and "Rules"),
paragraph 4(1)(b), subsections 5(2) and 6(1) and (2), subparagraph
6(2)(ba)(v), subsection 6(3), paragraphs 6A(1)(a) and (2)(b), subsections
6A(3), 7(1), (2) and (3), 8(1), (4) and (5) and 13(1), subsection 28(7)
(subparagraph (a)(i) and paragraph (b) of the definition of "relevant
organisation"), subsection 33C(2), subparagraph 33D(a) (ii), subsections
33G(2) and 34(2) and section 36: Before "Superannuation Scheme" (wherever
occurring) insert "Public Sector". Note: The headings to sections 4, 6, 14,
15, 16 and 36 are altered be inserting "Public Sector" before "Superannuation
Scheme".
PART 2-AMENDMENTS CONSEQUENTIAL ON THE CHANGE OF THE NAME
OF THE FUND ESTABLISHED BY THE TRUST DEED 4. Subparagraph 5(1A)(b)(ii),
paragraphs 5(2)(c) and 16(1)(a) and 4(a), subsections 16(5) and (6), section
17, subsections 26(1) and (2), paragraphs 28(1)(b), (2)(b) and (2)(c)
subsection 28(4), paragraphs 33D(a) and (b), subsections 33(1) and (2) and
34(1), paragraph 34(1A0(b) and subparagraphs 46(1)(b)(ii) and 48(2)(b)(ii):
Before "Fund" (wherever occurring) insert "PSS". 5. Section 33B (definitions
of "investment assets of the Fund" and "investment liabilities of the Fund"):
Omit, substitute:

"'investment assets of the PSS Fund' means the assets of the PSS Fund or of
the Board arising out of, or otherwise connected with, the exercise or
proposed exercise by the Board of its power to invest money of the PSS Fund;
'investment liabilities of the PSS Fund' means liabilities of the PSS Fund or
of the Board arising out of, or otherwise connected with, the exercise or
proposed exercise by the Board of its power to invest money of the PSS Fund;".