STATUTORY RULES

1965 No. 156

REGULATIONS UNDER THE SUPERANNUATION ACT 1922-1963.*

WHEREAS it is provided by sub-section (3a.) of section 20 of the Superannuation Act 1922-1963 that, for the purposes of sub-sections (2.) and (3.) of that section, the prescribed amount is Two thousand six hundred pounds or such other amount, being a multiple of Sixty-five pounds, as is specified in the regulations for the purpose of sub-section (3a.) of that section:

And whereas it is provided by sub-section (3b.) of that section that, in making a regulation for the purpose of sub-section (3a.) of that section, the Governor-General shall have regard to any general variations in the rates of salaries of employees that have occurred:

Now therefore I, the Governor-General in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, and, in relation to regulation 1 of these Regulations, on the recommendation of the Superannuation Board and, in relation to regulation 2 of these Regulations, having regard to general variations in the rates of salaries of employees that have occurred, hereby make the following Regulations under the Superannuation Act 1922-1963.

Dated this twenty-eighth day of October, 1965.

CASEY

Governor-General.

By His Excellency’s Command,

(SGD.) HAROLD HOLT

Treasurer.

————

Amendments of the Superannuation Regulations†

1. Regulation 5 of the Superannuation Regulations is repealed and the following regulation inserted in its stead:—

Prescribed time for the purposes of section 19 (3.).

“5. Where the salary of an employee or pensioner is increased in circumstances set out in sub-section (3.) of section 19 of the Act, an election to contribute for additional units of pension shall be made by the employee or pensioner for the purposes of that sub-section within twelve months after the date on which his salary is so increased.”.

2. Regulation 6a of the Superannuation Regulations is repealed and the following regulation inserted in its stead:—

Amount specified for the purpose of section 20 (3a.).

“6a. The amount of Two thousand seven hundred and thirty pounds is specified for the purpose of sub-section (3a.) of section 20 of the Act.”.

* Notified in the Commonwealth Gazette on 4 November, 1965.

† Statutory Rules 1960, No. 68, as amended by Statutory Rules 1962, No. 14; 1963, Nos. 51 and 118; 1964, No. 73; and 1965, No. 5.

—————————

By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra.

12479/65.—Price 6d. (5c)                                                                                                             10/7.10.1965