1Superannuation (PSSAP) Unit Pricing Determination 2005

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Superannuation (PSSAP) Unit Pricing Determination 2005

I, Leonie McCracken, Head of Investment Operations, make this Determination under Rules 5.2.1, 5.4.2 and 5.4.3 of the Rules for the Administration of the Public Sector Superannuation Accumulation Plan set out in the Schedule to the Trust Deed made under section 10 of the Superannuation Act 2005.

Dated 27 July 2005

LJMcCracken

Delegate of the PSS Board

Part 1 Preliminary

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1 Name of Determination

This Determination is the Superannuation (PSSAP) Unit Pricing Determination 2005.

2 Commencement

This Determination commences on 27 July 2005.

3 Interpretation

(1) In this Determination:

“actuarial report” means the report titled “Public Sector Superannuation Scheme — Accumulation Plan (Unitisation — 30 June 2005 Report)” prepared for the PSS/CSS Boards and dated 27 June 2005.

“PSSAP member” means a member of the Public Sector Superannuation Accumulation Plan.

“relevant unit” means each unit that makes up a PSSAP member’s interest in the Public Sector Superannuation Accumulation Plan.

Note An interest in the Public Sector Superannuation Accumulation Plan is valued in units. Contributions made to the Plan, and other amounts transferred in, are used to buy units in the investment option or options chosen by a PSSAP member.

Note: A record is kept of all units held by a PSSAP member: this is the member’s personal accumulation account.

“Rules” means the Rules for the Administration of the Public Sector Superannuation Accumulation Plan set out in the Schedule to the Trust Deed.

“Trust Deed” means the Trust Deed mentioned in section 10 of the Superannuation Act 2005.

(2) Words and expressions defined in the Rules and this Determination have the meaning given by the Rules.

Note Words and expressions defined in the Act and this Determination have the meaning given by the Act.

Part 2 Unit prices

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4 Buy prices and sell prices of relevant units

(1) For the purposes of ascertaining the value of a relevant unit, buy and sell prices are set out in Schedules 1 and 2.