Parliamentary Contributory Superannuation Amendment Act 2001

Compilation #0 | Effective 2001-07-18

FRBR Work URI: /akn/au/act/2001/87

1 Short title

This Act may be cited as the Parliamentary Contributory Superannuation Amendment Act 2001.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Parliamentary Contributory Superannuation Act 1948

1 At the end of subsection 18B(1)

Add:

2 Subsection 20(3)

Omit “received”, substitute “been entitled to”.

3 After Part V

Insert:

Note: For the purposes of this section, a person who is a deferring member for the purposes of Part VA is treated as not becoming entitled to a retiring allowance before the person attains the age of 55 years. See section 22DC.

Part VA — Deferred payment of retiring allowance

22DA Definitions

In this Part, unless the contrary intention appears:

deferral day means the day on which the deferring member attains the age of 55 years.

deferral period means the period that starts when the deferring member ceases to be entitled to parliamentary allowance and ends immediately before the deferral day.

deferring member has the meaning given by section 22DB.

invalidity determination means a determination under section 22DD.

SIS regulations means regulations under the Superannuation Industry (Supervision) Act 1993.

transitional general election means the first general election after the commencement of this Part.

22DB Members who are subject to deferral