10Duties of Commission

10 Duties of Commission

In the administration of this Act, the Commission –

(a) must not disclose information, the disclosure of which might adversely affect the financial position, or the commercial or other operations, of the Commission; and

(b) must, after the transfer date, exercise a fiduciary responsibility over all the assets, investments and property of the Commission and the Fund; and

(c) must have regard to the superannuation and employment policies of the Government; and

(ca) [Section 10 Amended by No. 52 of 2019, s. 6, Applied:31 Mar 2022] must have regard to the Heads of Government Agreement, as amended from time to time, that was made on 28 May 1996 between the Commonwealth and Tasmania and that relates to the exemption of public sector superannuation schemes from the SIS Act; and

(d) must take possession of all money, and other property, vested in the Commission under this Act.