Statutory Rules 1996   No. 981

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Superannuation (CSS) 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 13 June 1996.

                                                                                 WILLIAM DEANE

                                                                                   Governor-General

By His Excellency’s Command,

JOHN FAHEY

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 (CSS) Deferred Benefits Regulations are amended as set out in these Regulations.

3.   Regulation 4 (Provisions under subsection 155C (1) of the Act—SIS)

3.1   Subregulation 4 (1):

Omit “The provisions in subregulations (2) and (3)”, substitute “Subregulations (2), (3) and (4)”.

3.2   Subregulation 4 (3):

Omit the subregulation, substitute:

           “(3)   Subject to subregulation (4), subsection 138 (3) is to be read as if subparagraph (a) (ii) and paragraph (b) were omitted.

           “(4)   Subregulation (3) does not affect the operation of Item 1 of Schedule 12A of the Superannuation (CSS) Former Eligible Employees Regulations in relation to employees to whom that Schedule applies.”.

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NOTES

1.   Notified in the Commonwealth of Australia Gazette on 20 June 1996.

2.   Statutory Rules 1979 No. 46 as amended by 1991 No. 170; 1992 No. 265; 1995 Nos. 92 and 406.