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STATE SUPERANNUATION ACT 2000

Table of Provisions

PART 1 -- Preliminary  

  • 1 Short title
  •  
  • 2 Commencement
  •  
  • 3 Terms used
  •  
  • 4 Act binds Crown

PART 2A -- Employer contribution obligation  

  • 4A Terms used
  •  
  • 4B Employer contributions, duty to make etc.
  •  
  • 4C Regulations may require extra contributions

PART 2 -- Government Employees Superannuation Board  

  • 5 Board established and nature of
  •  
  • 6 Functions
  •  
  • 7 Powers
  •  
  • 7A Subsidiary, formation or acquisition of
  •  
  • 7B Subsidiary, constitution of etc.
  •  
  • 8 Board, composition of etc. (Sch. 1)
  •  
  • 9 Protection from personal liability
  •  
  • 10 Meetings and procedures (Sch. 2) and common seal
  •  
  • 11 Staff
  •  
  • 12 Delegation by Board
  •  
  • 13 Board decisions, review of

PART 3 -- Government Employees Superannuation Fund  

  • 14 Fund established and nature of
  •  
  • 15 Fund, content and purposes of
  •  
  • 16 Accounting records, Board to keep etc.
  •  
  • 17 Actuarial investigations, Board to obtain periodically
  •  
  • 18 Investing Fund’s assets, powers as to
  •  
  • 19 Investment strategy for Fund, Board’s duties as to
  •  
  • 20A Reserves in Fund and reserving strategy, Board’s functions as to
  •  
  • 20 Certain investments, restrictions on making
  •  
  • 21 Loans to Members prohibited
  •  
  • 22 Allocation of Fund’s earnings and costs
  •  
  • 23 Investment manager, appointment of etc.
  •  
  • 24 Borrowing by Board
  •  
  • 25 Interest on money owed to Fund
  •  
  • 26 Recovering money owed to Fund
  •  
  • 27 Unclaimed Money Act 1990 does not apply to unclaimed benefits

PART 4 -- Superannuation schemes  

  • 28 Superannuation schemes, establishing by regulations etc.
  •  
  • 29 Certain schemes become superannuation schemes under this Act on 17 Feb 2001
  •  
  • 30 Superannuation schemes etc., establishment of etc. by Employer

PART 5 -- Government guarantees and appropriation of the Consolidated Account  

  • 31 Guarantee by Crown of scheme benefits etc.
  •  
  • 32 Appropriation to meet contribution etc. obligations

PART 6 -- Miscellaneous  

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