Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT (No. 2) 1986 No. 151, 1986 - SECT 68

68. (1) Section 160 of the Principal Act is amended by inserting in
sub-section (1) "and of the superseded Act" after "this Act".

(2) Section 160 of the Principal Act is amended by adding at the end the
following sub-sections:

"(4) The Minister may prepare an estimate of the costs to which sub-section
(1) applies for a period commencing on or after the commencement of this
sub-section.

"(5) An authority or body that is or has been an approved authority shall, if
the Minister, by notice in writing, so directs, pay to the Commonwealth, in
respect of a period that is specified in the notice, being a period that is
included in, or that comprises the whole of, a period for which an estimate of
costs has been prepared, an amount equal to so much of the amount of that
estimate as is determined by the Minister having regard to such matters (if
any) as are prescribed, and the authority or body may apply for that purpose
any moneys under its control.".

(3) Regulations made by virtue of sub-section 14A (3) of the Superannuation 
Act 1976 , being regulations modifying section 160 of the Superannuation Act 
1976 , have, and shall be deemed, on and after 15 March 1981, to have had, the
same effect as if-

   (a)  the sub-sections numbered (4) and (5) added by those regulations at
        the end of that section of that Act had been numbered (3A) and (3B)
        respectively; and

   (b)  the reference in that sub-section (5) to sub-section (4) were a
        reference to sub-section (3A), but nothing in this sub-section
        precludes the repeal or amendment of those regulations by regulations
        made under the Superannuation Act 1976.