Northern Territory Consolidated Acts

LEGISLATIVE ASSEMBLY MEMBERS' SUPERANNUATION FUND ACT

TABLE OF PROVISIONS

   PART I--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Definitions  
   3A.     Scheme to comply with superannuation surcharge laws and agreements with Commonwealth  

   PART II--ADMINISTRATION

           Division 1--The Legislative Assembly Members' Superannuation Fund

   4.      The Fund  
   4A.     Members' accumulation accounts  
   4B.     Return on accumulation accounts  
   4C.     Surcharge debt accounts  
   4D.     Advance payments to reduce superannuation contributions surcharge  
   4E.     Repayment to Fund of superannuation contributions surcharge  
   4F.     Commutation to pay deferred superannuation contributions surcharge  
   5.      Provision of staff  
   6.      Investment of moneys  
   7.      Accounts and audit  
   8.      Actuarial investigation  
   9.      Payment by Territory  
   10.     Source of payment  
   11.     Functions of Trustee Board  
   12.     Delegation  

   PART III--CONTRIBUTIONS

   15A.    Application  
   16.     Contributions by members  
   17.     Election by Ministers, &c.  
   17A.    Certain members not entitled to contribute  

   PART IV--PENSIONS AND BENEFITS

   18.     Definitions  
   19.     Pensions  
   20.     Additional salary  
   21.     Benefits to certain former members and to estate where no dependants  
   22.     Retirement through ill health  
   24.     Spouses' and dependent children's benefit  
   25.     Commutation of pension – former member  
   25A.    Commutation of pension – spouse  

   PART IVA--REQUIREMENTS OF FAMILY LAW ACT

   25B.    Definitions  
   25C.    Act to be administered so as to comply with Family Law Act provisions in relation to superannuation  
   25D.    Commutation of non-member spouse pension payable in accordance with Family Law Act  

   PART V--MISCELLANEOUS

   26.     Service before commencement of Act  
   27.     Election or re-election of person entitled to pension  
   27A.    Re-election of person entitled to payment under section 21  
   28.     Trustee Board may charge fees for additional services  
   29.     Regulations  

   PART VI--TRANSITIONAL MATTERS FOR SUPERANNUATION LEGISLATION AMENDMENT ACT 2010

   30.     Object of this Part  
   31.     Definitions  
   32.     Transfer of Fund and liabilities etc.  
   33.     Effect on rights and remedies  
   34.     Completion of change of trusteeship  
   35.     Exemption from taxes and charges  
   36.     Continuation of ongoing matters  
           ENDNOTES