Commonwealth Consolidated Acts Commonwealth Consolidated ActsNo. 59, 2011
Compilation No. 7
Compilation date: 1 July 2020
Includes amendments up to: Act No. 80, 2018
Registered: 27 July 2020
About this compilation
This compilation
This is a compilation of the Governance of Australian Government Superannuation Schemes Act 2011 that shows the text of the law as amended and in force on 1 July 2020 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.
Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.
Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
Editorial changes
For more information about any editorial changes made in this compilation, see the endnotes.
Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.
Self-repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.
Contents
1 Short title
2 Commencement
3 Objects
4 Definitions
Part 2--Commonwealth Superannuation Corporation
Division 1--Establishment and constitution of CSC
5 Establishment
6 Application of the Public Governance, Performance and Accountability Act 2013
7 CSC's constitution
8 CSC's functions
Division 2--Board of CSC
Subdivision A--Establishment and function
9 Establishment
10 Function
11 Membership
Subdivision B--Appointment etc. of directors
12 Appointment of directors
13 Term of appointment
14 Remuneration and allowances
15 Leave of absence
16 Resignation
17 Termination of appointment
18 Acting appointments
Subdivision C--Meetings of the Board
19 Holding of meetings
20 Presiding at meetings
21 Quorum
22 Disclosure of interests to the Board
23 Voting at meetings
24 Decisions without meetings
25 Minutes of meetings
Division 3--Staff of CSC
26 Staff of CSC
27 Consultants
Part 3--Finance and reporting requirements
Division 1--Provisions relating to finance
28 Banking
29 Accounting records
29A Making payments on behalf of the Commonwealth
29B Receiving payments or other amounts on behalf of the Commonwealth
29C Recovering debts owing to the Commonwealth
29D Instruments in relation to payments, other amounts or debts
Division 1A--CSC Special Account
29E CSC Special Account
29F Credits to the Account
29G Purposes of the Account
Division 2--Reporting requirements
30 Annual report and financial statements
Part 4--Miscellaneous
Division 1--Application of other laws
31 Trustee Act of ACT to apply
32 Exemption from taxation--CSC
33 Exemption from taxation--superannuation schemes and superannuation funds administered by CSC
Division 2--Provisions relating to the Board
34 Source of funds for paying remuneration and allowances
35 Indemnification of directors etc.
Division 3--Miscellaneous
36 Delegation by CSC
37 Long service leave
38 Regulations
Endnotes
Endnote 1--About the endnotes
Endnote 2--Abbreviation key
Endnote 3--Legislation history
Endnote 4--Amendment history
The endnotes provide information about this compilation and the compiled law.
The following endnotes are included in every compilation:
Endnote 1--About the endnotes
Endnote 2--Abbreviation key
Endnote 3--Legislation history
Endnote 4--Amendment history
Abbreviation key--Endnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.
Legislation history and amendment history--Endnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.
Editorial changes
The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.
If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.
Misdescribed amendments
A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation "(md)" added to the details of the amendment included in the amendment history.
If a misdescribed amendment cannot be given effect as intended, the abbreviation "(md not incorp)" is added to the details of the amendment included in the amendment history.
ad = added or inserted | o = order(s) |
am = amended | Ord = Ordinance |
amdt = amendment | orig = original |
c = clause(s) | par = paragraph(s)/subparagraph(s) |
C[x] = Compilation No. x | /sub-subparagraph(s) |
Ch = Chapter(s) | pres = present |
def = definition(s) | prev = previous |
Dict = Dictionary | (prev ... ) = previously |
disallowed = disallowed by Parliament | Pt = Part(s) |
Div = Division(s) | r = regulation(s)/rule(s) |
ed = editorial change | reloc = relocated |
exp = expires/expired or ceases/ceased to have | renum = renumbered |
effect | rep = repealed |
F = Federal Register of Legislation | rs = repealed and substituted |
gaz = gazette | s = section(s)/subsection(s) |
LA = Legislation Act 2003 | Sch = Schedule(s) |
Sdiv = Subdivision(s) | |
(md) = misdescribed amendment can be given | SLI = Select Legislative Instrument |
effect | SR = Statutory Rules |
(md not incorp) = misdescribed amendment | Sub-Ch = Sub-Chapter(s) |
cannot be given effect | SubPt = Subpart(s) |
mod = modified/modification | underlining = whole or part not |
No. = Number(s) | commenced or to be commenced |
Endnote 3--Legislation history
Act | Number and year | Assent | Commencement | Application, saving and transitional provisions |
Governance of Australian Government Superannuation Schemes Act 2011 | 59, 2011 | 28 June 2011 | 1 July 2011 (s 2) |
|
46, 2011 | 27 June 2011 | Sch 2 (items 653, 654) and Sch 3 (items 10, 11): 27 Dec 2011 (s 2(1) items 2, 4, 12) | Sch 3 (items 10, 11) | |
136, 2012 | 22 Sept 2012 | Sch 4 (items 15, 16, 50): 22 Sept 2012 (s 2(1) item 35) | Sch 4 (item 50) | |
62, 2014 | 30 June 2014 | Sch 9 (items 123-134) and Sch 14: 1 July 2014 (s 2(1) items 6, 14 ) | Sch 14 | |
as amended by |
|
|
|
|
Public Governance and Resources Legislation Amendment Act (No. 1) 2015 | 36, 2015 | 13 Apr 2015 | Sch 2 (items 7-9) and Sch 7: 14 Apr 2015 (s 2) | Sch 7 |
as amended by |
|
|
|
|
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015 | 126, 2015 | 10 Sept 2015 | Sch 1 (item 486): 5 Mar 2016 (s 2(1) item 2) | -- |
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015 | 126, 2015 | 10 Sept 2015 | Sch 1 (item 495): 5 Mar 2016 (s 2(1) item 2) | -- |
Governance of Australian Government Superannuation Schemes Legislation Amendment Act 2015 | 65, 2015 | 17 June 2015 | Sch 1 (items 1-13), Sch 2 and Sch 3 (item 1): 1 July 2015 (s 2(1) item 2) | Sch 2 |
Defence Legislation Amendment (Superannuation and ADF Cover) Act 2015 | 120, 2015 | 10 Sept 2015 | Sch 1 (items 41-53): 11 Sept 2015 (s 2(1) item 2) | -- |
80, 2018 | 24 Aug 2018 | Sch 2: 1 July 2020 (s 2(1) item 5) | Sch 2 (items 10, 11) |
Provision affected | How affected |
Part 1 |
|
s 3..................... | am No 120, 2015 |
s 4..................... | am No 62, 2014; No 65, 2015; No 120, 2015 |
Part 2 |
|
Division 1 |
|
s 5..................... | am No 62, 2014 |
s 6..................... | rs No 62, 2014 |
s 8..................... | am No 120, 2015 |
Division 2 |
|
Subdivision A |
|
s 11.................... | am No 80, 2018 |
Subdivision B |
|
s 17.................... | am No 62, 2014 |
s 18.................... | am No 136, 2012 |
Subdivision C |
|
s 21.................... | am No 62, 2014; No 80, 2018 |
s 22.................... | am No 62, 2014 |
s 23.................... | rs No 80, 2018 |
s 24.................... | am No 62, 2014; No 80, 2018 |
Part 3 |
|
Division 1 |
|
s 29A................... | ad No 65, 2015 |
s 29B................... | ad No 65, 2015 |
s 29C................... | ad No 65, 2015 |
s 29D................... | ad No 65, 2015 |
Division 1A |
|
s 29E................... | ad No 65, 2015 |
s 29F................... | ad No 65, 2015 |
s 29G................... | ad No 65, 2015 |
Division 2 |
|
s 30.................... | am No 62, 2014; No 120, 2015 |
Part 4 |
|
Division 1 |
|
s 32.................... | rs No 65, 2015 |
Division 2 |
|
s 34.................... | am No 65, 2015; No 120, 2015 |
s 35.................... | am No 120, 2015 |
Division 3 |
|
s 36.................... | am No 46, 2011; No 65, 2015; No 120, 2015 |
s 37.................... | rs No 65, 2015 |