Queensland Numbered Acts

REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2016 - SECT 24

24 Amendment of s 216A (Definitions for pt 2)

(1) Section 216A, definition
"accumulation benefit member" —
omit.

(2) Section 216A—
insert—

"chosen fund" , for an employee of a local government or local government entity, means—

(a) if the employee has given a direction under section 219(2)—the fund the subject of the direction; or

(b) otherwise—LGIAsuper.

defined benefit category means a defined benefit category under the trust deed.

"fund" means a superannuation fund, superannuation scheme, approved deposit fund, or RSA, as defined under the Superannuation Guarantee (Administration) Act 1992 (Cwlth) .

"permanent employee" —

(a) of a local government (other than the Brisbane City Council) or a local government entity—see section 216B; or

(b) of the Brisbane City Council—see section 216C.

relevant fund, for a permanent employee of a local government or local government entity, means—

if the employee is a defined benefit member—

(i) in relation to the employee’s membership in LGIAsuper in the defined benefit category—LGIAsuper; or

(ii) otherwise—the employee’s chosen fund; or

(b) otherwise—the employee’s chosen fund.

relevant trustee, for a permanent employee of a local government or local government entity, means the trustee (however named) of the relevant fund for the employee.

"superannuation contributions" , for a person, means—

(a) generally—superannuation contributions required to be made for the person under any of the following instruments—

(i) the Commonwealth Super Act;

(ii) another Act of the Commonwealth or an Act of the State;

(iii) an industrial instrument; and

(b) for a permanent employee of a local government or local government entity—the superannuation contributions mentioned in paragraph (a) made for the person as provided under this Act.

(3) Section 216A, definition
"defined benefit member" , from ‘the LG super scheme’—
omit, insert —
LGIAsuper in a defined benefit category.