Federal Register of Legislation - Australian Government

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Approvals as made
This approval amends the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003 so that the current valuation of superannuation interests to members of the South Australian Local Government Superannuation Scheme will continue to apply once they become members of the South Australian Statewide Superannuation Trust.
Administered by: Attorney-General's
Exempt from sunsetting by the Legislative Instruments Act 2003 s 54(2) item 42
Registered 29 Jun 2012
Tabling HistoryDate
Tabled Senate14-Aug-2012
Tabled HR14-Aug-2012
Date of repeal 09 Apr 2013
Repealed by Attorney-General's (Spent and Redundant Instruments) Repeal Regulation 2013

Commonwealth Coat of Arms

I, Nicola Roxon, Attorney-General, make the following approval under regulations 38 and 43A of the Family Law (Superannuation) Regulations 2001.

Dated 25 June 2012

Nicola Roxon


1              Name of approval

                This approval is the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Amendment Approval  2012 (No. 2).

2              Commencement

                This approval commences on 1 July 2012.

3              Amendment of Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003

                Schedule 1 amends the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Approval 2003.


Schedule 1        Amendments

(section 3)

  

[1]           Schedule 6, Part 2, subclause 1 (1)

substitute

         (1)   In this Part:

SA Local Government Superannuation Scheme means the scheme continued in existence by paragraph 2 (1) (b) of Schedule 1 to the Local Government (Superannuation Scheme) Amendment Act 2008 of South Australia.

Rules means the rules set out in Division 9 of the trust deed.

trust deed means the declaration of trust dated 1 May 1986, made by Statewide Superannuation Pty Ltd, as amended and in force on 1 July 2012.

[2]           Schedule 6, Part 2, clause 2, table, item 1

omit

61 (a) (ii) (B) (4)

insert

43 (a) (ii) (B) (4) of Sub-division C

[3]           Schedule 6, Part 2, clause 2, table, item 2

omit

rule 73

insert

rule 58 of Sub-division C

[4]           Schedule 6, Part 2, clause 2, table, item 2

omit each mention of

61 (a) (ii) (B) (4)

insert

43 (a) (ii) (B) (4) of Sub-division C

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.