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SUPERANNUATION LEGISLATION (AMENDMENT)
BILL 1992
NEW SOUTH WALES
EXPLANATORY NOTE
(This Explanatory Note relates to this Bill as introduced into Parliament)
The objects of this Bill are as follows:
(a) to achieve compliance with the Occupational Superannuation Standards Act
1987 of the Commonwealth by amending the following Acts as proposed by
Schedule 1:
· Coal and Oil Shale Mine Workers (Superannuation) Act 1941
· Parliamentary Contributory Superannuation Act 1971
· Police Association Employees (Superannuation) Act 1969
· Police Regulation (Superannuation) Act 1906
· Public Sector Executives Superannuation Act 1989
· State Authorities Non-contributory Superannuation Act 1987
· State Authorities Superannuation Act 1987
· Superannuation Act 1916
· Superannuation Administration Act 1991;
(b) to make other amendments to the following Acts as proposed by Schedule 2:
· Coal and Oil Shale Mine Workers (Superannuation) Act 1941
· Police Regulation (Superannuation) Act 1906
· Public Sector Executives Superannuation Act 1989
· State Authorities Superannuation Act 1987
· Superannuation Act 1916;
(c) to amend the following Acts by way of statute law revision as proposed by
Schedule 3:
· Local Government and Other Authorities (Superannuation) Act 1927
· Parliamentary Contributory Superannuation Act 1971
· Police Regulation (Superannuation) Act 1906
· Public Authorities Superannuation Act 1985
· State Authorities Non-contributory Superannuation Act 1987
· State Authorities Superannuation Act 1987
· State Public Service Superannuation Act 1985
· Superannuation Act 1916
·Transport Administration Act 1988.
An explanation follows the amendments proposed for each of the Acts.
Clause 1 specifies the short title of the proposed Act.
Clause 2 provides for the commencement of the provisions of the proposed Act.
Clause 3 provides for amendment of the Acts set out in the Schedules.
Clause 4 excludes from forming part of the Act the matter in the Schedules that is
headed "Explanatory note".