Federal Register of Legislation - Australian Government

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SR 1995 No. 406 Regulations as made
These Regulations amend the Superannuation (Deferred Benefits) Regulations.
Administered by: Finance
General Comments: This instrument was backcaptured in accordance with Section 36 of the Legislative Instruments Act 2003
Exempt from sunsetting by the Legislative Instruments Regulations 2004 Sch 3 item 40
Registered 01 Jan 2005
Tabling HistoryDate
Tabled HR30-Apr-1996
Tabled Senate30-Apr-1996
Gazetted 19 Dec 1995
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

Statutory Rules 1995   No. 4061

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Superannuation (Deferred Benefits) Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation Act 1976.

Dated 12 December 1995.

 

                                                                                    BILL HAYDEN

                                                                                   Governor-General

By His Excellency’s Command,

 

 

KIM C. BEAZLEY

Minister for Finance

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1.   Commencement

1.1   These Regulations are taken to have commenced on 1 July 1995.

2.   Amendment

2.1   The Superannuation (Deferred Benefits) Regulations are amended as set out in these Regulations.

3.   Regulation 1 (Citation)

3.1   Omit the regulation, substitute:

Citation

             “1.   These Regulations may be cited as the Superannuation (CSS) Deferred Benefits Regulations.”.

4.   New  regulation 4

4.1   After regulation 3, insert:

Provisions under subsection 155C (1) of the Act—SIS

             “4.   (1)    The provisions in subregulations (2) and (3) are made for the purposes of enabling the Fund to satisfy the conditions and requirements specified in and under the SIS Act.

           “(2)   Subsection 111A (4) of the Act is to be read as if paragraph (b) were omitted and the following paragraph were substituted:

           ‘(b)   if, before that anniversary, the payment in full of the benefit becomes permissible under the SIS Act by reason of the satisfaction by the person of a condition of release imposed by or under that Act—the day on which the condition of release is satisfied.’.

           “(3)   Subsection 138 (3) is to be read as if subparagraph (a) (ii) and paragraph (b) were omitted.”.

 

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NOTES

1.   Notified in the Commonwealth of Australia Gazette on  19 December 1995.

2.   Statutory Rules 1979 No. 46 as amended by 1991 No. 170; 1992 No. 265; 1995 No. 92.