Commonwealth Consolidated Acts Commonwealth Consolidated ActsAct No. 58 of 1996 as amended
This compilation was prepared on 6 November 2012
taking into account amendments up to Act No. 136 of 2012
The text of any of those amendments not in force
on that date is appended in the Notes section
The operation of amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section
Prepared by the Office of Parliamentary Counsel, Canberra
Contents
Part 1--Preliminary
1 Short title [see Note 1]
2 Commencement [see Note 1]
Part 2--Transfer of CFM subsidiaries to the Commonwealth
5 What this Part is about
Division 1--Subsidiaries
6 Subsidiaries to be established
7 CFM to transfer shares in subsidiaries to the Commonwealth
8 Exemption from stamp duty and other taxes
Division 2--Staff
9 Transfer of staff from CFM
10 Terms and conditions of transferred employees
11 Variation of terms and conditions of employment
12 Statement of accrued benefits
Division 3--Application of the Commonwealth Funds Management Limited Act 1990
13 Application of the Commonwealth Funds Management Limited Act 1990
14 Application of section 4
15 Application of section 15
16 Application of Part 4
17 Application of section 33
18 Application of section 34
19 Application of Part 8
Division 4--Application of other legislation
20 Approved authority--Superannuation Act 1976
21 Approved authority--Superannuation Act 1990
22 Commonwealth authority--Safety, Rehabilitation and Compensation Act 1988
23 Public authority of the Commonwealth--Long Service Leave (Commonwealth Employees) Act 1976
Part 3--Sale of CFM bodies
24 What this Part is about
Division 1--Preliminary
25 Sale day for CFM
26 Sale day for transferred body
Division 2--Long service leave
27 What this Division is about
Subdivision 2A--Preliminary
28 Definitions
29 References to Long Service Leave Act
30 Division not to affect an employee's post-sale long service leave rights
Subdivision 2B--Long service leave for employees who attain at least 10 years service
31 What this Subdivision is about
32 Employees who attain 10 years service
33 Employees reaching minimum retiring age or being retrenched
34 Rate of salary
Subdivision 2C--Payments in lieu of long service leave
35 What this Subdivision is about
36 Employees who attain 10 years service
37 Employees reaching minimum retiring age or being retrenched
38 Employee stops employment because of ill-health
39 Employee may request non-payment or reduced payment
40 Rate of salary
Subdivision 2D--Payments on the death of an employee
41 What this Subdivision is about
42 Payments on death of an employee
Subdivision 2E--Long service leave credit
43 Employee's long service leave credit for the purposes of Subdivisions 2B and 2C
Subdivision 2F--Saving: Long Service Leave Act
44 Saving--Accrued rights under the Long Service Leave Act
Division 3--Superannuation
45 What this Division is about
46 Deferred benefits under the Defence Force Retirement and Death Benefits Act 1973
47 Period of eligible employment for the purposes of Division 3 of Part IX of the Defence Force Retirement and Death Benefits Act 1973
48 Continuing application of the Crimes (Superannuation Benefits) Act 1989
Division 4--Safety, Rehabilitation and Compensation Act 1988
49 What this Division is about
50 Definitions
51 Continued application of the Safety, Rehabilitation and Compensation Act 1988
52 Continued application to certain employees
53 Transitional provisions relating to Division 4A of Part VII
54 Relevant employer and co-operation with the Commonwealth
55 Notification of amount of salary paid to employees of a CFM body
Division 5--Occupational Health and Safety (Commonwealth Employment) Act 1991
56 Refund of contribution paid under the Occupational Health and Safety (Commonwealth Employment) Act 1991
Division 6--Mobility rights
57 Cessation of mobility rights
Division 7--Prosecutions
58 Continuing application of the Director of Public Prosecutions Act 1983
Division 8--Imputation
59 Franking account surpluses reduced to nil
Division 9--Miscellaneous
60 CFM body not to be an agency of the Commonwealth etc.
61 Regulations connected with the sale of a CFM body
62 Certain provisions of the Commonwealth Funds Management Limited Act 1990 cease to apply to CFM bodies
Part 4--Transfer of assets, liabilities, rights and obligations of CFM bodies
63 What this Part is about
Division 1--Preliminary
64 Definitions
Division 2--Transfer of assets
65 Transfer of assets
66 References to CFM body in instruments relating to transferred assets
67 Transferees are successors in law of CFM body
Division 3--Transfer of rights and obligations
68 Transfer of rights and obligations
69 References to CFM body in instruments relating to transferred rights and obligations
70 Transferees are successors in law of CFM body
Division 4--Transfer of liabilities
71 Transfer of liabilities
72 References to CFM body in instruments relating to transferred liabilities
73 Transferees are successors in law of CFM body
Division 5--Tax exemption and income tax treatment
74 Exemption from stamp duty and other taxes
75 Application of the Income Tax Assessment Act 1936 in relation to certain transfers
Division 6--Miscellaneous
76 Transfers of CFM land may be registered
77 Lands Acquisition Act 1989 does not apply to this Part
78 Certificates in relation to assets other than land
Part 5--Miscellaneous
79 Compensation--constitutional safety net
80 Operation of this Act does not place a person in breach of contract etc.
81 Commonwealth records
82 Regulations
Notes