SUPERANNUATION FUNDS MANAGEMENT CORPORATION OF SOUTH AUSTRALIA ACT 1995

Table of Provisions

• Long Title

PART 1--Preliminary

• 1 Short title
• 3 Interpretation

PART 2--Superannuation Funds Management Corporation of South Australia

• 4 Continuation in existence of Corporation
• 5 Functions of the Corporation
• 5A Investment and management of public funds
• 6 Powers of the Corporation
• 7 Object of the Corporation in performing its functions
• 8 Common seal and execution of documents

PART 3--The board of directors

• 9 Establishment of the board
• 10 Conditions of membership
• 11 Vacancies or defects in appointment of directors
• 12 Remuneration
• 13 Board proceedings

PART 4--Chief executive officer

• 19 Chief executive officer

PART 5--Performance by the Corporation of its functions

• 20 Performance plan
• 20A Performance plan in relation to approved authority
• 20B Other performance plans
• 21 Direction of Minister
• 22 Provision of information and records to Minister
• 23 Notification of disclosure to Minister of matter subject to duty of confidence
• 24 No breach of duty to report matter to Minister
• 25 Administration of section 3(3) funds

PART 6--Accounting records and audit

• 26 Accounts
• 27 Internal audits and audit committee
• 28 External audit

PART 7--Reports

• 29 Progress reports in relation to performance plan
• 30 Annual reports

PART 8--Miscellaneous

• 31 Staff of Corporation
• 33 Delegation
• 35 Validity of transactions of Corporation
• 36 Power to investigate Corporation's operations
• 37 Tax and other liabilities of Corporation
• 38 Proceedings for offences
• 39 Regulations
• SCHEDULE 1--Transitional provision
Legislative history Appendix--Divisional penalties and expiation fees