{"id":"F2007B00012","name":"Default Fund (Parliamentary Superannuation) Declaration 2004","slug":"default-fund-parliamentary-superannuation-declaration-2004","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":138170,"registerId":"commonwealth-F2007B00012-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Default Fund (Parliamentary Superannuation) Declaration 2004","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Parliamentary Superannuation Act 2004\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n# Parliamentary Superannuation Act 2004\n\n \n\n# Default Fund (Parliamentary Superannuation) Declaration 2004\n\n \n\n \n\nI, NICHOLAS HUGH MINCHIN, Minister for Finance and Administration, pursuant to section 17 of the Parliamentary Superannuation Act 2004 (the Act), do hereby:\n\n \n\n(a)                declare that the Australian Government Employees Superannuation Trust (AGEST), a superannuation fund established pursuant to a Trust Deed dated 22 June 1990 and a complying superannuation fund within the meaning of section 4 of the Act, is the default fund for the purposes of the Act; and\n\n \n\n(b)               specify the day on which this Declaration is signed as the date of effect of this Declaration. \n\n \n\n \n\n \n\nDated this  16th day of August 2004.\n\n \n\n \n\n \n\n \n\n \n\n \n\nNick Minchin\n\nMinister for Finance and Administration\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2025},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The declaration operates strictly within the parameters of section 17 of the Parliamentary Superannuation Act 2004, performing the exact function authorised: nominating a specific complying fund as the default and specifying its commencement date. No expansion of scope has occurred."},"complexity_factors":["Single page instrument with only two operative paragraphs","No defined terms or interpretation section within the instrument","No conditional logic, exceptions, or nested triggers","Only cross-reference is to the empowering section of the parent Act","Straightforward factual declaration requiring no legal analysis to apply"],"plain_english_summary":"This declaration appoints the **Australian Government Employees Superannuation Trust (AGEST)** as the default superannuation fund for Members of Parliament and Senators.\n\n**What this means:**\n- If a politician covered by the *Parliamentary Superannuation Act 2004* doesn't choose their own super fund, their compulsory employer contributions automatically go into AGEST\n- AGEST is a long-standing fund (established 1990) that meets all legal requirements to receive these contributions\n- This ensures no parliamentarian falls through the cracks by failing to nominate a fund\n\n**Key details:**\n- Made by the Minister for Finance under section 17 of the Act\n- Took effect immediately upon signing on 16 August 2004\n\nThis is purely administrative machinery—essentially designating which retirement savings account receives politicians' money if they don't specify otherwise."}},"importantCases":[],"_links":{"self":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004","history":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004/history","analysis":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004/analysis","conflicts":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004/conflicts","importantCases":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004/important-cases","documents":"/api/acts/default-fund-parliamentary-superannuation-declaration-2004/documents"}}