6AFunctions and powers of the Board

6A Functions and powers of the Board (1) Without derogating from section 6, the Board has the functions and powers conferred or imposed on the Board by— (a) a Superannuation Act and any regulations made under a Superannuation Act; (b) any other Act and any regulations made under that other Act; (c) the governing instrument of an administered scheme. (2) Subject to this Act, the Board has power to do all things necessary or convenient to be done for or in connection with the performance of its functions and duties and to enable it to achieve its objectives. (3) Without limiting or derogating from the generality of the powers of the Board under this Act, the powers of the Board include— (a) power to enter into agreements or arrangements with any other person or body— (i) to carry out on behalf of the Board any one or more of the functions or powers of the Board in relation to the Scheme or an administered scheme; (ii) to arrange death and disability cover insurance for individual members or classes of members of the Scheme or an administered scheme; (iii) to provide custodial or nominee services; S. 6A(3)(a)(iv) inserted by No. 43/2008 s. 6. (iv) to provide superannuation advice and financial planning services for beneficiaries, contributors, members and eligible spouses; (b) power to engage any person or body to act as an agent on behalf of the Board. (4) The Board may make arrangements with— (a) the bodies administering the superannuation funds referred to in section 4(1) of the **Transport Superannuation Act 1988**; or (b) any Minister, employer, employing authority, Government Department or agency or any other statutory body— relating to the members of a superannuation fund or the provision of any services to the members of a superannuation fund or other pension or compensation fund. (5) Any arrangements in effect under section 26 of the **Transport Superannuation Act 1988** as in force immediately before the commencement of the **Superannuation Legislation (Governance Reform) Act 2005** are deemed to have been made under subsection (4). (6) The Board may engage an actuary to advise it about the administration of the Scheme or an administered scheme. S. 6B inserted by No. 44/2014 s. 3.