Commonwealth legislation

Declaration under section 134 of the Superannuation Act 1976 (30/06/1988)

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legislative instrument

Plain English Summary

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The Minister for State for Finance, under section 134 of the Superannuation Act 1976, declares the Northern Territory superannuation scheme administered by the Commissioner for Superannuation to be an "eligible superannuation scheme" for the purposes of Division 3 of Part IX, effective 1 July 1988.

This ministerial declaration changes the scheme’s legal status to invoke whatever rights, obligations or tax/regulatory treatments Division 3 provides, affecting members, administrators and others whose treatment depends on that eligibility.

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Declaration under section 134 of the Superannuation Act 1976 (30/06/1988)

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DECLARATION UNDER SECTION 134 OF THE SUPERANNUATION ACT

1976

I, Peter Alexander Walsh, Minister for State for Finance,

do hereby declare, pursuant to section 134 of the

Superannuation Act 1976 (the Act) that:

(a) the superannuation scheme specified in the Schedule to

this Declaration is an eligible superannuation scheme

for the purposes of Division 3 of Part IX of the Act;

and

(b) specify the first day of July one thousand nine

hundred and eighty-eight, as the day on which this

declaration is to be deemed to have come into force.

THE SCHEDULE

The superannuation scheme administered by the Commissioner

for Superannuation appointed under the Superannuation Act

1986 as amended of the Northern Territory of Australia.

Dated this 30th day of June 1988.

PETER WALSH

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.