I, PENELOPE YING YEN WONG, Minister for Finance and Deregulation, make this Determination under subsection 34 (1) of the Superannuation Act 1990.

Dated 29 June 2011

PENELOPE YING YEN WONG

Minister for Finance and Deregulation

1 Name of Determination

  This Determination is the Superannuation Act 1990 (Division of Costs) Determination No. 2 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 Act 1990 (Division of Costs) Determination No. 2

  Schedule 1 amends the Superannuation Act 1990 (Division of Costs) Determination No. 2.

Schedule 1 Amendments

(section 3)

[1] Section 1

substitute

1 Name of Determination

  This Determination is the Superannuation Act 1990 (Division of Costs) Determination (No. 2) 1993.

[2] Section 3

substitute

3 Interpretation

 (1) In this Determination:

Act means the Superannuation Act 1990.

costs means the costs of the administration of the Act and the Deed, including the costs of and incidental to the management of the Fund by CSC and the investment of its money.

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.

 (2) Words and expressions defined in the Act and the Trust Deed made pursuant to section 4 of the Act have the same meaning in this Determination.

[3] Section 4

omit

the Board

insert

CSC

[4] Schedule 1, heading

substitute

Schedule 1 Costs to be paid by CSC from the Fund

(section 4)

[5] Schedule 1

omit

the Board

insert

CSC

[6] Schedule 2, heading

substitute

Schedule 2 Costs to be paid by the Commonwealth

(section 4)

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.