Federal Register of Legislation - Australian Government

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No. 5 of 2004 Deeds & Trust Deeds as made
Trust Deed Amendment
Administered by: Defence
Exempt from sunsetting by the Legislative Instruments Act 2003 s 54(2) item 42
Registered 07 Mar 2005
Tabling HistoryDate
Tabled HR08-Feb-2005
Tabled Senate08-Feb-2005
Gazetted 24 Dec 2004
Date of repeal 19 Mar 2014
Repealed by Defence (Spent and Redundant Instruments) Repeal Regulation 2014

I, DE-ANNE MARGARET KELLY, Minister for Veterans’ Affairs, for the Minister for Defence, make this Trust Deed under subsection 5 (1) of the Military Superannuation and Benefits Act 1991.

Dated 23 December 2004

DE-ANNE KELLY

Minister for Veterans’ Affairs

for the Minister for Defence

 


Contents

                        1     Name of Trust Deed                                                                             2

                        2     Commencement                                                                                  2

                        3     Amendment of Military Superannuation and Benefits Trust Deed              2

Schedule 1             Amendment taken to have commenced on 1 July 2004                    2

Schedule 2             Amendments commencing on gazettal                                             2

 


1              Name of Trust Deed

                This Trust Deed is the Military Superannuation and Benefits Amendment Trust Deed 2004 (No. 5).

2              Commencement

                This Trust Deed commences, or is taken to have commenced, as follows:

                 (a)     on 1 July 2004 — sections 1 to 3 and Schedule 1;

                (b)     on the date of the notification of this Trust Deed in the Gazette — Schedule 2.

3              Amendment of Military Superannuation and Benefits Trust Deed

                Schedules 1 and 2 amend the Military Superannuation and Benefits Trust Deed made under the Military Superannuation and Benefits Act 1991.



 

Schedule 1        Amendment taken to have commenced on 1 July 2004

(section 3)

  

[1]           Subrule 96 (1)

omit

$1 300,

insert

$1 303.03,


 

Schedule 2        Amendments commencing on gazettal

(section 3)

  

[1]           Subrules 56 (1) and (2)

omit each mention of

March quarter and September quarter

insert

March quarter or September quarter

[2]           Subrule 96 (2)

substitute

         (2)   On 1 January 2005, the amount mentioned in subrule (1) is indexed in accordance with rule 97.

      (2A)   On 1 July 2005, and on 1 January and 1 July in each year following 2005, the indexed amount in force immediately before that date is indexed in accordance with rule 97.

[3]           Subrule 97 (1)

substitute

         (1)   If the all groups consumer price index number for the weighted average of the 8 capital cities published by the Statistician in respect of the March quarter or September quarter of the half-year immediately before the date of the indexation (factor A) exceeds the highest all groups consumer price index number for the weighted average of the 8 capital cities published by the Statistician in respect of the March quarter or September quarter of any earlier half-year, not being a half-year earlier than the half-year that commenced on 1 January 2004 (factor B), the amount is increased at the rate worked out in accordance with subrule (2).