Queensland Consolidated Acts Queensland Consolidated Acts(1) In this section--
scheme means a superannuation scheme for councillors.
(2) The council may--
(a) establish and amend a scheme; or
(b) join in establishing and amending a scheme; or
(c) take part in a scheme.
(3) However, the council may not establish or take part in a scheme--
(a) under which the council is required to contribute to the scheme for a person who has ceased to be a councillor; or
(b) that does not meet the requirements of the Superannuation Industry (Supervision) Act 1993 (Cwlth).
(4) If the council acts under subsection (2), it may pay an amount from the city fund by way of a subsidy or contribution to the scheme.