3Objects of Act

3 Objects of Act

3 Objects of Act

The objects of this Act are as follows—

(a) to establish the Axiom Funds Management Corporation to provide superannuation investment management services and related services for State public sector superannuation schemes and other superannuation schemes,

(b) to convert the Axiom Funds Management Corporation to a company limited by shares to be known as Axiom Funds Management Limited,

(c) to enable the sale of that company and the payment of any proceeds to appropriate State public sector superannuation funds.

Note—

The Superannuation Administration Act 1996 establishes the administrative framework for State public sector superannuation schemes and confers functions on AFMC.