Commonwealth Numbered Regulations - Explanatory Statements

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SUPERANNUATION (PSS) MEMBERSHIP INCLUSION DECLARATION NO. 7 1992 NO.214

EXPLANATORY STATEMENT

STATUTORY RULES 1992 No. 214

Issued by authority of the Minister for Finance

Superannuation Act 1990

Declaration under Section 6(1)(j)

The Superannuation Act 1990 (the Act) makes provision for and in relation to an occupational superannuation scheme, the Public Sector Superannuation (PSS) scheme, for Commonwealth employees and certain other persons.

Section 6 specifies the persons who may be members of the PSS. In accordance with paragraph 6(1)(j) of the Act, a person declared in writing by the Minister for Finance to be a person to whom section 6 applies shall be a member of the PSS.

The declaration amends Superannuation (PSS) Membership Inclusion Declaration No.3, gazetted as Statutory Rule 1991/463, to correct the reference to the amended title of the Repatriation Institutions (Transfer) Act 1992. These amendments are technical in nature and do not affect the provisions made in Statutory Rule 1991/463. They are required to ensure that those provisions are correctly in place when the first repatriation institution transfers on 1 July 1992.

In accordance with section 45 of the Act, a declaration under paragraph 6(1)(j) of the Act is a disallowable instrument for the purposes section 46A of the Acts Interpretation Act 1901 and a Statutory Rule for the purposes of the Statutory Rules Publication Act 1903.

The Declaration operates with effect from 1 July 1992.


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