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This is a Bill, not an Act. For current law, see the Acts databases.
Queensland
STATUTORY AUTHORITIES
(SUPERANNUATION
ARRANGEMENTS) BILL 1994
Queensland
STATUTORY AUTHORITIES
(SUPERANNUATION ARRANGEMENTS)
BILL 1994
TABLE OF PROVISIONS
Section Page
1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
3 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
4 Superannuation arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Regulation making power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1994
A BILL
FOR
An Act about superannuation for members of statutory authorities
4
Statutory Authorities (Superannuation
Arrangements)
The Parliament of Queensland enacts-- 1
title 2
Short
Clause1. This Act may be cited as the Statutory Authorities (Superannuation 3
Arrangements) Act 1994. 4
5
Commencement
Clause2. This Act is taken to have commenced on 1 July 1992. 6
7
Definitions
In this Act-- 8
Clause3.
"member" of a statutory authority means a person-- 9
(a) who is paid for the performance of duties as a member of the 10
authority's executive body (whether described as the board of 11
directors or otherwise); and 12
(b) for whom the authority is liable to pay the superannuation 13
guarantee charge if it does not meet the minimum level of 14
superannuation support prescribed under the Superannuation 15
Guarantee (Administration) Act 1992 (Cwlth); 16
"statutory authority" means a body corporate established under an Act; 17
"superannuation guarantee charge" means the charge imposed by the 18
Superannuation Guarantee Charge Act 1992 (Cwlth). 19
arrangements 20
Superannuation
Clause4.(1) A statutory authority may-- 21
(a) establish and amend a superannuation scheme for its members; 22
or 23
(b) join in establishing and amending a superannuation scheme for its 24
members; or 25
5
Statutory Authorities (Superannuation
Arrangements)
(c) take part in a superannuation scheme for its members. 1
(2) However, a statutory authority may not establish or take part in a 2
superannuation scheme that does not satisfy the superannuation fund 3
conditions under the Occupational Superannuation Standards Act 1987 4
(Cwlth). 5
(3) For the purposes of subsection (1), a statutory authority may 6
establish and keep any fund. 7
making power 8
Regulation
Clause5. The Governor in Council may make regulations under this Act. 9
10
© State of Queensland 1994
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