Superannuation (PSSAP) (Division of Costs) Amendment Determination 2011 (No. 1)1

Superannuation Act 2005

I, PENELOPE YING YEN WONG, Minister for Finance and Deregulation, make this Determination under subsection 34 (1) of the Superannuation Act 2005.

Dated 29 June 2011

PENELOPE YING YEN WONG

Minister for Finance and Deregulation

1 Name of Determination

  This Determination is the Superannuation (PSSAP) (Division of Costs) Amendment Determination 2011 (No. 1).

2 Commencement

  This Determination commences on the commencement of the Governance of Australian Government Superannuation Schemes Act 2011.

3 Amendment of Superannuation (PSSAP) (Division of Costs) Determination 2005

  Schedule 1 amends the Superannuation (PSSAP) (Division of Costs) Determination 2005.

Schedule 1 Amendments

(section 3)

[1] Section 3, definition of Board

omit

[2] Section 3, definition of Chairperson

substitute

Chair

has the same meaning as in the Governance of Australian Government Superannuation Schemes Act 2011.

CSC

(short for Commonwealth Superannuation Corporation)

means the body corporate continued in existence by section 4 of the Governance of Australian Government Superannuation Schemes Act 2011.

director

has the same meaning as in the Governance of Australian Government Superannuation Schemes Act 2011.

[3] Section 3, definition of trustee

omit

[4] Subsection 4 (1)

omit

the Board

insert

CSC

[5] Subsection 4 (2)

omit

the Board

insert

CSC

[6] Schedule 1, title

substitute

Schedule 1 Costs to be paid by CSC from the PSSAP Fund

(section 4)

[7] Schedule 1, item [1]

omit

the Board

insert

CSC

[8] Schedule 1, item [1], paragraphs (a) and (b)

omit each mention of

the Chairperson

insert

the Chair

[9] Schedule1, item [1], paragraph (b)

omit

the trustees

insert

the directors

[10] Schedule 1, item [2]

omit each mention of

the Chairperson

insert

the Chair

[11] Schedule 2, item [1]

omit

the trustees

insert

the directors

[12] Schedule 2, item [1]

omit

the Chairperson

insert

the Chair

Note

1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.