Defence Force (Superannuation) (Productivity Benefit) Amendment Determination 2012 (No. 1)1
Defence Act 1903
I, Warren Snowdon, Minister for Defence Science and Personnel, make the following determination under subsection 52 (1) of the Defence Act 1903.
Dated 30 July 2012
WARREN SNOWDON
1 Name of determination
This determination is the Defence Force (Superannuation) (Productivity Benefit) Amendment Determination 2012 (No. 1).
2 Commencement
This determination is taken to have commenced on 1 January 2012.
3 Amendment of Defence Force (Superannuation) (Productivity Benefit) Determination 1988
Schedule 1 amends the Defence Force (Superannuation) (Productivity Benefit) Determination 1988.
Schedule 1 Amendments
(section 3)
[1] Subclause 3 (1), definition of DFRDB Act 1973
omit
[2] Subclause 3 (1), definition of Authority
omit
[3] Subclause 3 (1)
insert
Chief Executive Medicare has the same meaning as in the Human Services (Medicare) Act 1973.
[4] Subclause 3 (1), definition of Commissioner
omit
[5] Subclause 3 (1)
insert
ComSuper means the body established by section 4 of the ComSuper Act 2011.
[6] Subclause 3 (1)
insert
CSC (short for Commonwealth Superannuation Corporation) has the same meaning as in the Governance of Australian Government Superannuation Schemes Act 2011.
[7] Subclause 3 (1)
insert
DFRDB Act means the Defence Force Retirement and Death Benefits Act 1973.
[8] Subclause 6A (3)
omit
in respect of the member the benefit must be paid to a superannuation fund or approved deposit fund nominated by the Commissioner.
insert
in respect of the member, the benefit must be paid to a superannuation fund or approved deposit fund nominated by the CSC.
[9] Clause 11, heading
substitute
11 Reconsideration of decision of CSC
[10] Clause 12, heading
substitute
12 Review of decisions of CSC
[11] Clause 13
substitute
13 Delegation of function of CSC
The CSC may, by instrument in writing, delegate the CSC’s functions under subclause 6 (3) to:
(a) the CEO of ComSuper; or
(b) a member of the staff of ComSuper who holds, or is for the time being performing the duties of, an office with a classification not lower than Executive Level 1.
[12] Schedule
after
2011 | 0.0551 |
insert
2012 | 0.0367 |
[13] Further amendments
Provision | omit each mention of | insert |
Subclause 3 (1), definition of severe financial hardship | Authority | CSC |
Subclause 3 (1), definition of surcharge debt account | Authority | CSC |
Subclause 3 (1), definition of surcharge deduction amount | Authority | CSC |
Subclauses 3A (1) and (2) | Authority | CSC |
Paragraph 3A (2) (d) | DFRDB Act 1973 | DFRDB Act |
Paragraph 3A (2) (e) | Authority | CSC |
Subclause 3A (3) | Authority | CSC |
Subclause 3A (4) | DFRDB Act 1973 | DFRDB Act |
Paragraph 4 (2) (a) | Defence Act 1903 | Defence Act |
Paragraph 6 (1) (c) | Authority | CSC |
Paragraph 6 (1) (d) | Australian Prudential Regulation Authority | Chief Executive Medicare |
Subclauses 6 (3) and (5) | Commissioner | CSC |
Subclause 6 (7) | Authority | CSC |
Subclause 6A (3) | Commissioner | CSC |
Subclause 8B (2) | DFRDB Act 1973 | DFRDB Act |
Clauses 11 and 12 | Commissioner | CSC |
Note
1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.