Commonwealth Consolidated Acts

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SUPERANNUATION ACT 1990 - SECT 33E

Payments from Consolidated Revenue Fund

  (1)   There must be paid to the person or body administering an approved superannuation scheme, at such times as the Minister determines, such amounts (if any) as are determined by the Minister having regard to:

  (a)   the amount of the payments (if any) made under section   19 by the authority or body that established the scheme in respect of the persons mentioned in paragraph   33D(a); and

  (b)   the amount of the accumulated member contributions (within the meaning of the Rules) of those persons; and

  (c)   the method of calculating final benefit accrual and preserved benefits under the Rules; and

  (d)   any relevant actuarial advice obtained by the Minister; and

  (e)   any other matters that the Minister considers relevant.

  (2)   Payments under subsection   (1) are to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.



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