Commonwealth legislation

Superannuation Funds (Investment and Management) (Repeal) Statute 2014

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This Act has been repealed and is no longer in force. It is retained for historical reference.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

This is a housekeeping law passed by The Australian National University (ANU) to scrap an old rule about staff retirement funds.

What it does:

Repeals the Superannuation Funds (Investment and Management) Statute — an older set of rules about how ANU managed its employees' superannuation (retirement savings)
Cleans up related rules: Any minor rules made under the old statute automatically expire when this repeal takes effect

Why it matters: This is likely a tidy-up exercise. ANU probably shifted its superannuation management to external providers or consolidated the rules under different laws. This removes outdated investment rules from the university's rulebook, reducing legal clutter and ensuring the university isn't bound by obsolete financial management requirements.

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Current sections

Direct links to the current provisions in Superannuation Funds (Investment and Management) (Repeal) Statute 2014.

Superannuation Funds (Investment and Management) (Repeal) Statute 2014

THE AUSTRALIAN NATIONAL UNIVERSITY

Australian National University Act 1991

SUPERANNUATION FUNDS (INVESTMENT AND MANAGEMENT) (REPEAL) STATUTE 2014

The Council of The Australian National University makes this Statute under section 50 of the Australian National University Act 1991.

Dated: 3 October 2014.

Professor the Hon Gareth Evans AC QC FASSA

CHANCELLOR

_______________________________________________________________

1 Name of Statute

1.1 This is the Superannuation Funds (Investment and Management) (Repeal) Statute 2014.

1.2 This Statute commences on the day after it is registered.

2 Repeal

2.1 The Superannuation Funds (Investment and Management) Statute, as amended and in force immediately before the commencement of this Statute, is repealed.

Note: [NOTE: To avoid doubt, Rules made under the repealed Statute lapse upon the Statute’s repeal.]

_______________________________________________________________

Source text

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

1 Superannuation Funds (Investment and Management) (Repeal) Statute 2014

THE AUSTRALIAN NATIONAL UNIVERSITY

Australian National University Act 1991

SUPERANNUATION FUNDS (INVESTMENT AND MANAGEMENT) (REPEAL) STATUTE 2014

The Council of The Australian National University makes this Statute under section 50 of the Australian National University Act 1991.

Dated: 3 October 2014.

Professor the Hon Gareth Evans AC QC FASSA

CHANCELLOR

_______________________________________________________________

1 Name of Statute

1.1 This is the Superannuation Funds (Investment and Management) (Repeal) Statute 2014.

1.2 This Statute commences on the day after it is registered.

2 Repeal

2.1 The Superannuation Funds (Investment and Management) Statute, as amended and in force immediately before the commencement of this Statute, is repealed.

Note: [NOTE: To avoid doubt, Rules made under the repealed Statute lapse upon the Statute’s repeal.]

_______________________________________________________________