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This is a Bill, not an Act. For current law, see the Acts databases.


SUPERANNUATION ADMINISTRATION AMENDMENT (CHIEF EXECUTIVE) BILL 2008





Superannuation Administration
Amendment (Chief Executive) Bill 2008
No     , 2008


A Bill for

An Act to amend the Superannuation Administration Act 1996 to provide for the
employment of the chief executive officer of STC by the STC Board; and to make a
consequential amendment to the Public Sector Employment and Management Act
2002.
Clause 1          Superannuation Administration Amendment (Chief Executive) Bill 2008




The Legislature of New South Wales enacts:                                                1

 1    Name of Act                                                                         2

               This Act is the Superannuation Administration Amendment (Chief             3
               Executive) Act 2008.                                                       4

 2    Commencement                                                                        5

               This Act commences on the date of assent to this Act.                      6

 3    Amendment of Superannuation Administration Act 1996 No 39                           7

               The Superannuation Administration Act 1996 is amended as set out in        8
               Schedule 1.                                                                9

 4    Consequential amendment of Public Sector Employment and                            10
      Management Act 2002 No 43                                                          11

               The Public Sector Employment and Management Act 2002 is amended           12
               as set out in Schedule 2.                                                 13

 5    Repeal of Act                                                                      14

         (1)   This Act is repealed on the day following the day on which this Act       15
               commences.                                                                16

         (2)   The repeal of this Act does not, because of the operation of section 30   17
               of the Interpretation Act 1987, affect any amendment made by this Act.    18




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Superannuation Administration Amendment (Chief Executive) Bill 2008

Amendment of Superannuation Administration Act 1996                        Schedule 1




Schedule 1             Amendment of Superannuation                                           1
                       Administration Act 1996                                               2

                                                                              (Section 3)    3

[1]   Section 50 Principal functions of STC                                                  4

      Insert "(other than the chief executive officer of STC)" after "STC cannot             5
      employ any staff" in section 50 (3).                                                   6

[2]   Section 74 Chief executive officer of STC                                              7

      Omit section 74 (1). Insert instead:                                                   8

             (1)    The STC Board is to employ a person as the chief executive               9
                    officer of STC.                                                         10

[3]   Section 74 (4)-(6)                                                                    11

      Omit section 74 (4)-(7). Insert instead:                                              12

             (4)    The determination of the terms and conditions of employment of          13
                    the chief executive officer of STC is subject to the concurrence        14
                    of the Minister.                                                        15

             (5)    The Chairperson of the STC Board may, subject to any direction          16
                    of the STC Board, appoint a member of staff of STC or other             17
                    person to act in the office of the chief executive officer during the   18
                    illness or absence of the chief executive officer (or during a          19
                    vacancy in the office of chief executive officer), and the person       20
                    while so acting has all the functions of the chief executive officer    21
                    and is taken to be the chief executive officer.                         22

             (6)    The STC Board or Chairperson may, at any time, remove a                 23
                    person from office as acting chief executive officer.                   24




                                                                                Page 3
              Superannuation Administration Amendment (Chief Executive) Bill 2008

Schedule 2    Consequential amendment of Public Sector Employment and Management
              Act 2002



Schedule 2          Consequential amendment of Public                                   1
                    Sector Employment and Management                                    2
                    Act 2002                                                            3

                                                                          (Section 4)   4

      Schedule 2 Executive positions (other than non-statutory SES positions)           5

      Omit the matter relating to the Chief Executive of the SAS Trustee                6
      Corporation from Part 2.                                                          7




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