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RETIREMENT BENEFITS (PARLIAMENTARY SUPERANNUATION TRUSTEE ARRANGEMENTS AND MISCELLANEOUS AMENDMENTS) ACT 2002 (NO. 52 OF 2002) - SECT 26

Retirement Benefits Regulations 1994 amended
The Retirement Benefits Regulations 1994 are amended as follows:
(a) by omitting from regulation 4(1) "These" and substituting "Except as provided by regulations 60 , 61 , 61A and 62 , these" ;
(b) by omitting regulation 10 ;
(c) by omitting regulation 13A ;
(d) by inserting the following subparagraph after subparagraph (ii) in regulation 15(3)(a) :
(iii) the contributions to be paid to the Fund by the Minister in respect of a subfund established for persons who are, or have been, elected as members of Parliament; and
(e) by omitting from the heading to Part 6 " AND THEIR SPOUSES " and substituting " , THEIR SPOUSES AND OTHER PERSONS " ;
(f) by omitting subregulation (1) from regulation 60 and substituting the following subregulations:
(1)  This regulation applies to –
(a) an eligible employee; and
(b) a contributor; and
(c) the spouse of an eligible employee or contributor; and
(d) any other person who is referred to in regulation 4(1)(d) , (da) , (g) or (h) ; and
(e) the spouse of any person referred to in paragraph (d) of this subregulation.
(1A)  In accordance with these regulations, the Board may establish accounts for the purpose of receiving voluntary contributions, spouse contributions or benefit entitlements paid by, or on behalf of, a person to whom this regulation applies.
(g) by omitting paragraphs (a) and (b) from regulation 60(2) and substituting the following paragraphs:
(a) all contributions paid under regulation 61 by or on behalf of a person to whom this regulation applies; and
(b) all contributions paid by an Agency under regulation 61A on behalf of a person to whom this regulation applies; and
(h) by omitting from regulation 60(4) "An eligible employee or contributor or the spouse of an eligible employee or contributor" and substituting "A person to whom this regulation applies" ;
(i) by omitting from regulation 60(5) "an eligible employee, contributor or the spouse of an eligible employee or contributor ceases to be an eligible employee, contributor or such a spouse" and substituting "a person to whom this regulation applies subsequently ceases to be a person mentioned in subregulation (1) " ;
(j) by omitting from regulation 60(6) "an eligible employee, contributor or the spouse of an eligible employee or contributor" and substituting "a person to whom this regulation applies or the spouse of any such person" ;
(k) by omitting from regulation 60(10) "contributor or eligible employee" first occurring and substituting "person to whom this regulation applies" ;
(l) by omitting from regulation 60(10) "the contributor or eligible employee" and substituting "that person" ;
(m) by omitting from regulation 60(11) "contributor or eligible employee" and substituting "person to whom this regulation applies" ;
(n) by omitting subregulation (12) from regulation 60 and substituting the following subregulation:
(12)  In this regulation, a reference to a person to whom this regulation applies includes a reference to the estate of that person if he or she elects in writing to the Board that, in the event of his or her death, the death benefit is to be paid to his or her estate.
(o) by omitting from regulation 61(1) "An eligible employee or a contributor" and substituting "A person to whom regulation 60 applies" ;
(p) by omitting from regulation 61(2) "An eligible employee or a contributor" and substituting "A person to whom regulation 60 applies" ;
(q) by omitting from regulation 61(2)(a) "eligible employee or contributor" and substituting "person" ;
(r) by omitting from regulation 61(3) "an eligible employee or contributor" and substituting "a person to whom regulation 60 applies" ;
(s) by omitting from regulation 61(4) "An eligible employee or a contributor" and substituting "A person to whom regulation 60 applies" ;
(t) by omitting from regulation 61(5) "an eligible employee or contributor" and substituting "a person to whom regulation 60 applies" ;
(u) by omitting from regulation 61(6) "an eligible employee or contributor" and substituting "a person to whom regulation 60 applies" ;
(v) by omitting from regulation 61(7) "contributor or eligible employee" and substituting "person to whom regulation 60 applies" ;
(w) by omitting from regulation 61A(1) "an eligible employee or contributor" and substituting "a person to whom regulation 60 applies" ;
(x) by omitting from regulation 61A(1) "eligible employee or contributor" second occurring and substituting "person" ;
(y) by omitting from regulation 61A(2) "eligible employee or contributor" and substituting "person" ;
(z) by omitting from regulation 61A(3) "An eligible employee or contributor" and substituting "A person to whom regulation 60 applies" ;
(za) by omitting from regulation 61A(4) "an eligible employee or contributor" and substituting "a person to whom regulation 60 applies" ;
(zb) by omitting from regulation 61A(5) "the eligible employee or contributor" and substituting "each person to whom regulation 60 applies" ;
(zc) by omitting subregulations (1) and (2) from regulation 62 and substituting the following subregulations:
(1)  A person to whom regulation 60 applies or the spouse of any such person may pay or cause to be paid into the Fund all or part of the benefit that he or she is entitled to receive as a contributor to another superannuation scheme or fund or as an eligible termination payment under an employment redundancy programme.
(2)  An amount paid into the Fund under this regulation is to be credited to an investment account or an allocated pension account and vested in the name of the person to whom regulation 60 applies or the spouse of that person.



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