Commonwealth legislation

Defence Force Retirement and Death Benefits Act 1973 - Eligible Superannuation Scheme Declaration 2003

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

What this is: A ministerial declaration made under the Defence Force Retirement and Death Benefits Act 1973 (the DFRDB Act).

What it does: It officially recognises AvSuper (a superannuation fund established in 1990) as an "eligible superannuation scheme" under the Act.

Why it matters: This allows Australian Defence Force members (current and former) who have benefits in the Defence Force Retirement and Death Benefits (DFRDB) scheme to transfer or roll over their money into AvSuper.

Timing: Although signed on 26 June 2003, the declaration takes effect retrospectively from 2 December 2001.

JSON API Tax / GST / superannuation

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Current sections

Direct links to the current provisions in Defence Force Retirement and Death Benefits Act 1973 - Eligible Superannuation Scheme Declaration 2003.

Defence Force Retirement and Death Benefits Act 1973 - Eligible Superannuation Scheme Declaration 2003

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Defence Force Retirement and Death Benefits Act 1973

Eligible Superannuation Scheme Declaration 2003

I, NICHOLAS HUGH MINCHIN, Minister of State for Finance and Administration, pursuant to section 73 of the Defence Force Retirement and Death Benefit Act 1973 (the Act), do hereby:

(a) declare that AvSuper, a superannuation scheme established pursuant to a Trust Deed dated 17 July 1990, is an eligible superannuation scheme for the purposes of Division 3 of Part IX of the Act; and

(b) specify 2 December 2001 as the day on which this Declaration is deemed to have come into effect in relation to that superannuation scheme.

Dated this 26th day of June 2003.

Nick Minchin Minister for Finance and Administration

Source text

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