Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT (No. 2) 1986 No. 151, 1986 - SECT 15

15. (1) Section 38 of the Principal Act is amended by omitting from
sub-section (1) "person (including a member of the Trust)" and substituting
"member, officer or employee of the Trust all or".

(2) A delegation under section 38 of the Principal Act that was in force
immediately before the commencement of this section to a member, officer or
employee of the Trust continues in force after the commencement of this
section as if given under that section as amended by sub-section (1).

(3) Any delegation that the Trust purported to make before the commencement
of this section of all of its powers under the Superannuation Act 1976 shall
be deemed to have been as valid as it would have been if the reference in
sub-section 38 (1) of the Superannuation Act 1976, as in force at the time
when the purported delegation was made, to any of the Trust's powers under the
Superannuation Act 1976 had been a reference to all or any of the Trust's
powers under that Act.