Commonwealth Consolidated Acts

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CSL SALE ACT 1993 - SECT 51

CSL body not to be eligible or relevant body for the purposes of the Superannuation Benefits (Supervisory Mechanisms) Act 1990

  (1)   A notice published in the Gazette before the sale day that declares a CSL body to be an eligible body for the purposes of the Supervisory Mechanisms Act is to have effect on and after the sale day as if it did not contain a reference to the CSL body.

  (2)   A notice published in the Gazette before the sale day that declares a CSL body to be a relevant body for the purposes of the Supervisory Mechanisms Act is to have effect on and after the sale day as if it did not contain a reference to the CSL body.

  (3)   Neither subsection   ( 1) nor (2) prevents the declaration as affected by that subsection being amended or revoked by the Minister.

  (4)   In subsection   ( 3):

"Minister" has the same meaning as in the Supervisory Mechanisms Act.



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