SUPERANNUATION ADMINISTRATION ACT 1996

New South Wales Consolidated Acts

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SUPERANNUATION ADMINISTRATION ACT 1996 - NOTES

- As at 19 May 2010 - Act 39 of 1996

Note to Part 3

This Part continues in existence the State Authorities Superannuation Board, renames it the SAS Trustee Corporation and gives it the functions of the trustee for the STC schemes. These schemes are primarily defined benefit schemes established under Acts and are closed to new members. Generally, the trustee will have functions (which include powers, authorities and duties) that are consistent with the requirements of the Superannuation Industry (Supervision) Act 1993 of the Commonwealth. That Act regulates the functions of trustees of superannuation funds and the administration of superannuation schemes but does not apply directly to the STC schemes. The trustee will also be subject to provisions of the Trustee Act 1925. The trustee will have (among other functions) the function of administering the schemes and investing and managing the superannuation funds concerned. However, it will be required to arrange for these services to be provided by service providers in accordance with this Act. This will not detract from the primary responsibility and power of the trustee in these matters.

Reprint history:

Reprint No 1   23 March 1999
Reprint No 2   7 May 2002
Reprint No 3   18 December 2007

Historical notes

The following abbreviations are used in the Historical notes:

Am	amended	LW	legislation website	Sch	Schedule
Cl	clause	No	number	Schs	Schedules
Cll	clauses	p	page	Sec	section
Div	Division	pp	pages	Secs	sections
Divs	Divisions	Reg	Regulation	Subdiv	Subdivision
GG	Government Gazette	Regs	Regulations	Subdivs	Subdivisions
Ins	inserted	Rep	repealed	Subst	substituted

Table of amending instruments

Superannuation Administration Act 1996 No 39. Assented to 25.6.1996. Date of commencement, 1.7.1996, sec 2 and GG No 77 of 28.6.1996, p 3290. This Act has been amended as follows:

1996	No 121	Statute Law (Miscellaneous Provisions) Act (No 2) 1996. Assented to 3.12.1996. Date of commencement of Sch 1.23 [1], 13.11.1996, Sch 1.23; date of commencement of Sch 1.23 [2]-[6], 1.7.1996, Sch 1.23; date of commencement of Sch 4.54, 4 months after assent, sec 2 (4).
1997	No 42	Superannuation Legislation Amendment Act 1997. Assented to 30.6.1997. Date of commencement of Sch 1.9 [1]-[3], assent, sec 2 (1); date of commencement of Sch 1.9 [4], 1.7.1996, sec 2 (4).
1998	No 72	Superannuation Legislation Amendment Act 1998. Assented to 14.7.1998. Date of commencement of Sch 1.5, assent, sec 2 (2).
	No 144	Superannuation Legislation Further Amendment Act 1998. Assented to 8.12.1998. Date of commencement of Sch 1, 1.2.1999, sec 2 (1) and GG No 12 of 29.1.1999, p 282; date of commencement of Sch 2.6 [1] and [3], 1.3.1999, sec 2 (1) and GG No 12 of 29.1.1999, p 282; date of commencement of Sch 2.6 [2] [4] and [6], assent, sec 2 (2); date of commencement of Sch 2.6 [5], 1.7.1999, sec 2 (3).
1999	No 5	Superannuation Administration Authority Corporatisation Act 1999. Assented to 7.6.1999. Date of commencement, 26.7.1999, sec 2 and GG No 84 of 23.7.1999, p 5146.
	No 6	Superannuation Legislation Amendment Act 1999. Assented to 7.6.1999. Date of commencement, assent, sec 2.
	No 85	Statute Law (Miscellaneous Provisions) Act (No 2) 1999. Assented to 3.12.1999. Date of commencement of Sch 4, assent, sec 2 (1).
	No 86	Superannuation Legislation Further Amendment Act 1999. Assented to 3.12.1999. Date of commencement of Sch 1.9, 1.3.2000, sec 2 (2).
	No 94	Crimes Legislation Amendment (Sentencing) Act 1999. Assented to 8.12.1999. Date of commencement of sec 7 and Sch 5, 1.1.2000, sec 2 (1) and GG No 144 of 24.12.1999, p 12184.
2000	No 104	Rural Fires Amendment Act 2000. Assented to 13.12.2000. Date of commencement of Sch 2, 5.2.2001, sec 2 and GG No 34 of 2.2.2001, p 440.
2001	No 98	Superannuation Legislation Amendment (Miscellaneous) Act 2001. Assented to 11.12.2001. Date of commencement, assent, sec 2.
2004	No 10	Superannuation Administration Amendment Act 2004. Assented to 17.3.2004. Date of commencement, 2.4.2004, sec 2 and GG No 69 of 2.4.2004, p 1798.
	No 55	Statute Law (Miscellaneous Provisions) Act 2004. Assented to 6.7.2004. Date of commencement of Sch 3, assent, sec 2 (1).
2005	No 52	Superannuation Legislation Amendment Act 2005. Assented to 27.6.2005. Date of commencement, 8.7.2005, sec 2 and GG No 86 of 8.7.2005, p 3574.
	No 64	Statute Law (Miscellaneous Provisions) Act 2005. Assented to 1.7.2005. Date of commencement of Sch 2.54, assent, sec 2 (2).
	No 91	First State Superannuation Legislation Amendment (Conversion) Act 2005. Assented to 24.11.2005. Date of commencement of Sch 1.2, assent, sec 2 (3); date of commencement of Sch 2, 1.5.2006, sec 2 (1) and GG No 58 of 28.4.2006, p 2366.
	No 98	Statute Law (Miscellaneous Provisions) Act (No 2) 2005. Assented to 24.11.2005. Date of commencement of Sch 2.57, assent, sec 2 (2).
2006	No 2	Public Sector Employment Legislation Amendment Act 2006. Assented to 13.3.2006. Date of commencement, 17.3.2006, sec 2 and GG No 35 of 17.3.2006, p 1378.
	No 121	Superannuation Administration Amendment (Trust Deed Schemes) Act 2006. Assented to 4.12.2006. Date of commencement, assent, sec 2.
2007	No 28	Superannuation Legislation Amendment Act 2007. Assented to 4.7.2007. Date of commencement, assent, sec 2.
	No 94	Miscellaneous Acts (Local Court) Amendment Act 2007. Assented to 13.12.2007. Date of commencement of Schs 2 and 4, 6.7.2009, sec 2 and 2009 (314) LW 3.7.2009.
2008	No 28	Superannuation Administration Amendment Act 2008. Assented to 11.6.2008. Date of commencement, assent, sec 2.
	No 117	Superannuation Administration Amendment (Chief Executive) Act 2008. Assented to 10.12.2008. Date of commencement, assent, sec 2.
2010	No 19	Relationships Register Act 2010. Assented to 19.5.2010. Date of commencement of Sch 3, assent, sec 2 (2).

Table of amendments

Long title	Am 1999 No 5, Sch 4 [13]; 2004 No 10, Sch 1 [1]; 2005 No 91, Sch 2.2 [1]; 2006 No 121, Sch 1 [1].
Sec 3	Am 1999 No 5, Sch 4 [1]; 2004 No 10, Sch 1 [2]; 2005 No 91, Sch 2.2 [2]; 2006 No 121, Sch 1 [2].
Sec 4	Am 1997 No 42, Sch 1.9 [1]; 1999 No 5, Sch 4 [2]; 1999 No 86, Sch 1.9 [1]; 2004 No 10, Sch 1 [3]-[5]; 2005 No 52, Sch 7 [1]; 2005 No 91, Sch 2.2 [3]; 2008 No 28, Sch 1 [1].
Sec 5	Rep 2005 No 91, Sch 2.2 [4].
Part 2	Rep 2005 No 91, Sch 2.2 [5].
Part 2, note	Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 1	Rep 2005 No 91, Sch 2.2 [5].
Secs 7, 8	Rep 2005 No 91, Sch 2.2 [5].
Sec 9	Am 1999 No 5, Sch 4 [3] [4]; 1999 No 86, Sch 1.9 [2]. Rep 2005 No 91, Sch 2.2 [5].
Secs 10-12	Rep 2005 No 91, Sch 2.2 [5].
Sec 12A	Ins 1998 No 144, Sch 2.6 [1]. Rep 2005 No 91, Sch 2.2 [5].
Sec 13	Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 2	Rep 2005 No 91, Sch 2.2 [5].
Sec 14	Rep 2005 No 91, Sch 2.2 [5].
Sec 15	Am 1998 No 72, Sch 1.5; 2004 No 10, Sch 1 [6] [7]. Rep 2005 No 91, Sch 2.2 [5].
Secs 16-18	Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 3	Rep 2005 No 91, Sch 2.2 [5].
Sec 19	Subst 1999 No 5, Sch 4 [5]. Am 2004 No 10, Sch 1 [8]. Rep 2005 No 91, Sch 2.2 [5].
Secs 20, 21	Rep 2005 No 91, Sch 2.2 [5].
Sec 22	Subst 1998 No 144, Sch 2.6 [2]. Am 2005 No 52, Sch 7 [2]-[4]. Rep 2005 No 91, Sch 2.2 [5].
Sec 23	Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 4	Rep 2005 No 91, Sch 2.2 [5].
Sec 24	Rep 2005 No 91, Sch 2.2 [5].
Sec 25	Am 2005 No 64, Sch 2.54 [1]. Rep 2005 No 91, Sch 2.2 [5].
Sec 26	Rep 2005 No 91, Sch 2.2 [5].
Sec 27	Am 2005 No 64, Sch 2.54 [1]-[3]. Rep 2005 No 91, Sch 2.2 [5].
Sec 28	Rep 2005 No 91, Sch 2.2 [5].
Sec 29	Am 1999 No 6, Sch 1.6 [1]. Rep 2005 No 91, Sch 2.2 [5].
Secs 30, 31	Rep 2005 No 91, Sch 2.2 [5].
Sec 32	Am 2005 No 52, Sch 7 [5] [6]. Rep 2005 No 91, Sch 2.2 [5].
Secs 33, 34	Rep 2005 No 91, Sch 2.2 [5].
Sec 35	Am 1998 No 144, Sch 1.5 [1]; 1999 No 6, Sch 1.6 [2]; 2005 No 52, Sch 7 [7]. Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 5 (secs 36-39)	Rep 2005 No 91, Sch 2.2 [5].
Part 2, Div 6	Rep 2005 No 91, Sch 2.2 [5].
Sec 40	Am 2005 No 52, Sch 7 [8]-[10]. Rep 2005 No 91, Sch 2.2 [5].
Sec 41	Rep 2005 No 91, Sch 2.2 [5].
Sec 42	Am 2004 No 10, Sch 1 [9]-[12]. Rep 2005 No 91, Sch 2.2 [5].
Sec 42A	Ins 1997 No 42, Sch 1.9 [2]. Rep 2004 No 10, Sch 1 [13].
Sec 43	Rep 2005 No 91, Sch 2.2 [5].
Sec 44	Am 1998 No 144, Sch 2.6 [3]. Rep 2005 No 91, Sch 2.2 [5].
Sec 45	Am 2005 No 52, Sch 7 [11]. Rep 2005 No 91, Sch 2.2 [5].
Secs 46, 47	Rep 2005 No 91, Sch 2.2 [5].
Sec 50	Am 1999 No 5, Sch 4 [6] [7]; 2006 No 2, Sch 4.63 [1]; 2008 No 117, Sch 1 [1].
Sec 59	Am 2004 No 10, Sch 1 [14].
Sec 60	Rep 2004 No 10, Sch 1 [15].
Sec 64	Subst 1999 No 5, Sch 4 [8]. Am 2004 No 10, Sch 1 [16].
Sec 67	Am 1996 No 121, Sch 1.23 [1]. Subst 1998 No 144, Sch 2.6 [4]. Am 2005 No 52, Sch 7 [12]-[15]; 2008 No 28, Sch 1 [2].
Sec 70	Am 2005 No 64, Sch 2.54 [1].
Sec 72	Am 2005 No 64, Sch 2.54 [1]-[3]; 2008 No 28, Sch 1 [3].
Sec 74	Am 1999 No 6, Sch 1.6 [3]; 2008 No 28, Sch 1 [4] [5]; 2008 No 117, Sch 1 [2] [3].
Sec 75	Rep 2006 No 2, Sch 4.63 [2].
Sec 77	Am 2005 No 52, Sch 7 [16] [17].
Sec 80	Am 1998 No 144, Sch 1.5 [2]; 1999 No 6, Sch 1.6 [4]; 2005 No 52, Sch 7 [18].
Sec 80A	Ins 2007 No 28, Sch 4 [1].
Sec 81	Am 1999 No 6, Sch 1.6 [5].
Sec 81A	Ins 2008 No 28, Sch 1 [6].
Sec 85	Am 2008 No 28, Sch 1 [7].
Sec 88	Am 2005 No 52, Sch 7 [19]-[21].
Sec 90	Am 2004 No 10, Sch 1 [17]-[20].
Sec 90A	Ins 1997 No 42, Sch 1.9 [3]. Rep 2004 No 10, Sch 1 [21].
Sec 93	Am 2005 No 52, Sch 7 [22].
Part 4, heading	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22]. Am 2005 No 91, Sch 2.2 [6].
Part 4	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22].
Part 4, Div 1	Rep 1999 No 5, Sch 4 [9].
Sec 96	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22]. Am 2005 No 52, Sch 7 [23]; 2005 No 91, Sch 2.2 [7].
Sec 97	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22]. Am 2005 No 91, Sch 2.2 [8]-[11].
Sec 98	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22]. Am 2005 No 91, Sch 2.2 [8]-[10] [12].
Sec 99	Rep 1999 No 5, Sch 4 [9]. Ins 2004 No 10, Sch 1 [22]. Am 2005 No 91, Sch 2.2 [9] [13].
Sec 100	Rep 1999 No 5, Sch 4 [9].
Sec 100A	Ins 1998 No 144, Sch 1.5 [3]. Am 1999 No 6, Sch 1.6 [6]. Rep 1999 No 5, Sch 4 [9].
Sec 101	Rep 1999 No 5, Sch 4 [9].
Part 4, Div 2	Rep 1999 No 5, Sch 4 [9].
Secs 102-107	Rep 1999 No 5, Sch 4 [9].
Sec 108	Am 1998 No 144, Sch 1.5 [4] [5]. Rep 1999 No 5, Sch 4 [9].
Part 4, Divs 3, 4 (secs 109-118)	Rep 1999 No 5, Sch 4 [9].
Sec 119	Am 1999 No 5, Sch 4 [10]; 2004 No 10, Sch 1 [23] [24]; 2005 No 91, Sch 2.2 [8] [9] [12] [14]-[16].
Sec 120	Am 2005 No 91, Sch 2.2 [12] [17].
Sec 121	Am 2005 No 91, Sch 2.2 [18] [19].
Secs 122, 123	Am 2005 No 91, Sch 2.2 [20].
Sec 126	Am 2007 No 94, Schs 2, 4.
Sec 127	Am 1997 No 42, Sch 1.9 [4]; 2000 No 104, Sch 2.3; 2001 No 98, Sch 3 [1] [2]; 2005 No 64, Sch 2.54 [1]; 2005 No 91, Sch 2.2 [20]; 2006 No 121, Sch 1 [3]-[5]; 2010 No 19, Sch 3.107 [1] [2].
Sec 128	Am 1998 No 144, Sch 2.6 [5]; 1999 No 5, Sch 4 [11]; 2004 No 10, Sch 1 [25]; 2005 No 91, Sch 2.2 [21] [22].
Sec 128A	Ins 1998 No 144, Sch 2.6 [6]. Am 2001 No 98, Sch 3 [3]; 2005 No 52, Sch 7 [24].
Sec 128B	Ins 2001 No 98, Sch 3 [4]. Am 2005 No 52, Sch 7 [25]; 2005 No 91, Sch 2.2 [23]; 2005 No 98, Sch 2.57; 2006 No 121, Sch 1 [6].
Sec 128C	Ins 2005 No 91, Sch 1.2 [1].
Sec 129	Am 1999 No 5, Sch 4 [12]; 2005 No 91, Sch 2.2 [24] [25].
Sec 132	Rep 1999 No 85, Sch 4.
Sch 1	Am 1999 No 94, sec 7 (3) and Sch 5, Part 3; 2004 No 10, Sch 1 [26] [27]. Rep 2005 No 91, Sch 2.2 [26].
Sch 2	Am 1999 No 94, sec 7 (3) and Sch 5, Part 3; 2004 No 10, Sch 1 [28] [29]; 2008 No 28, Sch 1 [8].
Sch 2A	Ins 2005 No 91, Sch 1.2 [2].
Sch 3	Am 1996 No 121, Schs 1.23 [2]-[4], 4.54; 2001 No 98, Sch 3 [5] [6]; 2004 No 10, Sch 1 [30] [31]; 2004 No 55, Sch 3; 2005 No 52, Sch 7 [26] [27]; 2005 No 91, Sch 2.2 [27]; 2006 No 121, Sch 1 [7] [8]; 2007 No 28, Sch 4 [2] [3].
Sch 4	Am 1996 No 121, Sch 1.23 [5] [6]. Rep 1999 No 85, Sch 4.

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