(1)  A Corporation may make contributions to one or more superannuation schemes that comply with the law of the Commonwealth relating to superannuation.

(2)  A Corporation may participate in a superannuation scheme provided for under the Retirement Benefits Act 1993 or the Public Sector Superannuation Reform Act 1999 in respect of employees transferred under a transfer order who were members of those schemes immediately before being transferred.

(3)  If a Corporation participates in either of the schemes specified in subsection (2) , the Corporation is taken to be a prescribed authority for the purposes of the Retirement Benefits Act 1993 or the Public Sector Superannuation Reform Act 1999 in respect of any of its employees who are subject to the scheme.

(4)  If a Corporation participates in a superannuation scheme provided for under the Retirement Benefits Act 1993 or the Public Sector Superannuation Reform Act 1999 , it must comply with any instruction relating to superannuation given to it by the Minister administering those Acts.

(5)  A Corporation is to make adequate provision to meet any liability it may have under the Retirement Benefits Act 1993 to pay pension and other benefits in respect of all transferred employees.

(6)  Except where approved by the Treasurer, a Corporation or its subsidiary must not establish a superannuation scheme.