SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT) 1981 NO. 17 

SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT) 1981 NO. 17 
- TABLE OF PROVISIONS

1. Calculation of interest  
2. Schedule  
3. Application  


1981 No. 17 SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT)
- REG 1
Calculation of interest


  1. Regulation 6 of the Superannuation (Interest) Regulations is amended-
  (a)  by omitting from sub-regulation (1) "8.942" and substituting "9.300"
respectively; and
  (b)  by omitting from paragraph (2) (b) "8.942" and substituting "9.300".


1981 No. 17 SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT)
- REG 2
Schedule


  2. The Schedule to the Superannuation (Interest) Regulations is amended by
omitting "8.942" from Column 2 and substituting "9.300".


1981 No. 17 SUPERANNUATION (INTEREST) REGULATIONS (AMENDMENT)
- REG 3
Application


  3. (1) The provisions of regulation 6 of the Superannuation (Interest)
Regulations, as amended by these Regulations, apply to and in relation to
interest payable in respect of an amount that is a prescribed amount in
relation to a person-
  (a)  if that person ceases to be an eligible employee on or after the date
of commencement of these Regulations; or
  (b)  if-
      (i)  that person has ceased, before that date, to be an eligible
employee; and
     (ii)  the amount or rate of the benefit payable under the Act in relation
to that person is determined by the Commissioner on or after that date.
  (2) An expression in sub-regulation (1) that is defined in the
Superannuation (Interest) Regulations has the same meaning for the purposes of
that sub-regulation as it has in those Regulations.


- NOTES


1981 No. 17*1* SUPERANNUATION (INTEREST) REGULATIONS*2* (AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 19 February 1981.
*2* Statutory Rules 1978 No. 253 as amended by 1980 No. 98.