Victorian Consolidated Legislation

Emergency Services Superannuation Act 1986 - SECT 6A

Functions and powers of the Board

6A. Functions and powers of the Board



(1) Without derogating from section 6, the Board has the functions and powers
conferred or imposed on the Board by-

   (a)  a Superannuation Act and any regulations made under a Superannuation
        Act;

   (b)  any other Act and any regulations made under that other Act;

   (c)  the governing instrument of an administered scheme.

(2) Subject to this Act, the Board has power to do all things necessary or
convenient to be done for or in connection with the performance of its
functions and duties and to enable it to achieve its objectives.

(3) Without limiting or derogating from the generality of the powers of the
Board under this Act, the powers of the Board include-

   (a)  power to enter into agreements or arrangements with any other person
        or body-

   (i)  to carry out on behalf of the Board any one or more of the functions
        or powers of the Board in relation to the Scheme or an
        administered scheme;

   (ii) to arrange death and disability cover insurance for individual members
        or classes of members of the Scheme or an administered scheme;

   (iii) to provide custodial or nominee services;

   (iv) to provide superannuation advice and financial planning services for
        beneficiaries, contributors, members and eligible spouses;

   (b)  power to engage any person or body to act as an agent on behalf of the
        Board.

(4) The Board may make arrangements with-

   (a)  the bodies administering the superannuation funds referred to in
        section 4(1) of the Transport Superannuation Act 1988; or

   (b)  any Minister, employer, employing authority, Government Department or
        agency or any other statutory body-

relating to the members of a superannuation fund or the provision of any
services to the members of a superannuation fund or other pension or
compensation fund.





(5) Any arrangements in effect under section 26 of the
Transport Superannuation Act 1988 as in force immediately before the
commencement of the Superannuation Legislation (Governance Reform) Act 2005
are deemed to have been made under subsection (4).

(6) The Board may engage an actuary to advise it about the administration of
the Scheme or an administered scheme.