Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT 1992 No. 187, 1992 - SECT 12

12. Section 54H of the Principal Act is amended:

   (a)  by adding at the end of subsection (2) "unless it defers its decision
        under subsection (2A)";

   (b)  by inserting after subsection (2) the following subsections:

"(2A) If, after taking the steps mentioned in paragraphs (2)(a) and (b), the
Board thinks that it should allow further time within which to make a decision
whether or not to approve the retirement of an eligible employee, the Board
may:

   (a)  defer making such a decision until such time as appears to it to be
        appropriate; and

   (b)  if it appears to it to be desirable in the circumstances, before
        making a decision again have the matter considered by a panel
        mentioned in section 54F.

"(2B) Where the Board wants to have the matter considered again by a panel
mentioned in section 54F, that section, other than subsection (5), applies,
subject to subsection (2C), in relation to the matter in the same way as it
applied in relation to the initial consideration of the matter by such a
panel.

"(2C) In the application of section 54F as mentioned in subsection (2B),
subsection 54F(4) applies as if the period within which the members of the
panel are required to make recommendations in writing to the Board were such
period as is specified by the Board in the particular case.

"(2D) If the matter is again considered by a panel of persons, the Board is to
take the recommendations of the panel into consideration before making its
decision.".