Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997
16Provision of superannuation scheme administration services
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16 Provision of superannuation scheme administration services
16 Provision of superannuation scheme administration services
(1) Energy Industries Superannuation Scheme Pty Ltd, as the trustee of the electricity superannuation scheme, must enter into a contract or arrangement with the SAA for the provision by the SAA of superannuation scheme administration services for the electricity superannuation scheme.
(2) The contract or arrangement is to cover a period commencing on or before the transfer day and ending on 31 December 1997.
(3) The superannuation scheme administration services that may be provided under the contract or arrangement include (but are not limited to) the following:
(a) collecting contributions to superannuation schemes,
(b) keeping and maintaining member records,
(c) providing information and advice to members,
(d) preparing financial statements on behalf of the trustee,
(e) processing of claims and payment of benefits.
(4) On or after the end of the contract or arrangement referred to in subclause (1), Energy Industries Superannuation Scheme Pty Ltd is not required to enter into a further contract or arrangement with the SAA but may enter into a contract or arrangement with the SAA (or its successors) or any other person for the provision of superannuation scheme administration services.