Northern Territory Consolidated Acts

SUPERANNUATION ACT

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Interpretation  
   3A.     Schemes to be administered in accordance with agreements with the Commonwealth  

   PART 2--ADMINISTRATION

           Division 1--Commissioner of Superannuation

   4.      Commissioner  
   5.      Acting appointment  
   6.      Functions and powers of Commissioner  
   7.      Delegation  
   8.      Secrecy  

           Division 2--Superannuation Review Board

   9.      Superannuation Review Board  
   10.     Functions and powers of Review Board  

           Division 3--Superannuation Trustee Board

   11.     Superannuation Trustee Board  
   11A.    Membership of Trustee Board  
   12.     Functions and powers of Trustee Board  

           Division 4--General

   13.     Definition  
   14.     Nomination of members  
   15.     Alternate members  
   16.     Chair and Acting Chair  
   17.     Term of appointment  
   18.     Leave of absence  
   19.     Resignation of members  
   20.     Dismissal  
   21.     Disclosure of interest  
   22.     Meetings of Board  
   23.     Validity of acts or decisions of Board  
   24.     Protection of members  
   25.     Boards not subject to direction of ministers  

   PART 3--NORTHERN TERRITORY GOVERNMENT AND PUBLIC AUTHORITIES' SUPERANNUATION SCHEME

           Division 1--The Scheme

   25A.    References to the Scheme  
   26.     Membership  
   28A.    Surcharge debt accounts  
   28B.    Advance payments to reduce superannuation contributions surcharge  
   28.     Records of accumulation accounts  
   29.     Payment of benefits  
   30.     Commissioner may recover employer-financed benefits on behalf of Territory  
   31.     Allocated pensions  
   36.     Portability of benefits  
   37.     Rules  

           Division 2--Northern Territory Government and Public Authorities Employees' Superannuation Fund

   38.     Establishment of fund  
   39.     Fund accounts  
   40.     Proper accounts to be kept  
   41.     Investor choice  
   41A.    Return on accumulation accounts  
   42.     Recovery of money owing to fund  
   43.     Annual reports and audit  
   44.     Rule against perpetuities not to apply  

           Division 3--Spouse accounts

   45A.    Accounts for spouses  

           Division 4--Splitting of superannuation under Family Law Act

   45B.    Definitions  
   45C.    Scheme to comply with Family Law Act provisions in relation to superannuation  
   45D.    Superannuation accounts for non-member spouses  

   PART 4--NORTHERN TERRITORY GOVERNMENT DEATH AND INVALIDITY SCHEME

           Division 1--Preliminary

   45E.    Definitions  
   45F.    Invalidity retirement  

           Division 2--Establishment and membership of the Northern Territory Government Death and Invalidity Scheme

   45G.    Establishment of the Scheme  
   45H.    Membership of Scheme  
   45M.    Entitlement to benefits under the Scheme  
   45N.    NTGDIS benefit  
   45P.    Benefit payable on death  
   45Q.    Benefit payable on invalidity retirement  
   45R.    Anticipatory payments  
   45S.    Source of payment  

   PART 5--PROVISIONS OF GENERAL APPLICATION TO BOTH SCHEMES

           Division 1--Information

   45T.    Information to be provided by Commissioner  
   45U.    Information to be provided by member or employer  

           Division 2--Benefits

   45V.    Discretionary benefits  
   45W.    Assignment, etc. of benefit  
   45X.    Payment without grant of probate etc.  
   45Y.    Payment where beneficiary incapable  
   45Z.    Unclaimed benefits  

           Division 3--Actuarial review

   45ZA.   Actuarial review  

           Division 4--Claims for benefits and review of decisions

   46.     Claim for benefit under Scheme  
   47.     Application for review  
   48.     Procedure and decision of Review Board  
   49.     Appeal on point of law  

           Division 5--Miscellaneous

   50.     Approval for retirement for invalidity  
   50A.    Commissioner may charge fees  
   50B.    Power to recover money on behalf of the Territory  
   51.     Regulations  

   PART 6--TRANSITIONAL MATTERS FOR SUPERANNUATION LEGISLATION AMENDMENT ACT 2010

           Division 1--NTGDI Scheme

   52.     Adjustment of NTGDI Scheme benefits for death or retirement on or after 1 April 2010  

           Division 2--Superannuation Trustee Board

   53.     Object of this Division  
   54.     Definitions  
   55.     Members of old board to be first members of Trustee Board  
   56.     Transfer of Fund and liabilities etc.  
   57.     Effect on rights and remedies  
   58.     Completion of change of trusteeship  
   59.     Exemption from taxes and charges  
   60.     Continuation of ongoing matters  
           SCHEDULE
           ENDNOTES