Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT 1994 No. 86, 1994 - SECT 12

12.(1) Section 139A of the Principal Act is amended:

   (a)  by omitting from subsection (1A) "Except where the Board otherwise
        directs," and substituting "Unless the Minister and the Board
        otherwise agree,";

   (b)  by omitting subsections (1B), (1C) and (1D) and substituting the
        following subsections:

(1B) The Minister and the Board may terminate an agreement made under
subsection (1A).

(1C) An agreement may not be made under subsection (1A) in relation to a
person in respect of whom Part XIIIA applies.".

(2) A direction given by the Board as mentioned in subsection 139A(1A) of the
Principal Act (including, to remove any doubt, a declaration that is taken, by
subsection 50(2) of the Superannuation Legislation Amendment Act 1991, to have
been given by the Board under subsection 139A(1A) of the
Superannuation Act 1976) is taken, for the purposes of section 139A of the
Principal Act as amended by this section, to be an agreement made between the
Minister and the Board under subsection 139A(1A) of the Principal Act as
amended by this section.