Commonwealth Consolidated Acts

GOVERNANCE OF AUSTRALIAN GOVERNMENT SUPERANNUATION SCHEMES ACT 2011 - SECT 34

  (1)   The Chair is to be paid remuneration and allowances as follows:

  (a)   when performing functions relating to a particular Fund--out of that Fund;

  (b)   when performing functions relating to the 1922 scheme, DFRB, DFRDB, DFSPB , ADF Cover or PNG--out of the Consolidated Revenue Fund.

Note:   The CSC Special Account is debited when the remuneration and allowances are paid out of the Consolidated Revenue Fund (see paragraph   29G(2)(b)).

  (2)   A director (other than the Chair) is to be paid remuneration and allowances as follows:

  (a)   when performing functions relating to a particular Fund--from one of the following (according to the relevant Act administered by CSC):

  (i)   that Fund;

  (ii)   the Consolidated Revenue Fund;

  (iii)   partly out of that Fund and partly out of the Consolidated Revenue Fund;

  (b)   when performing functions relating to the 1922 scheme, DFRB, DFRDB, DFSPB , ADF Cover or PNG--out of the Consolidated Revenue Fund.

Note:   The CSC Special Account is debited when the remuneration and allowances are paid out of the Consolidated Revenue Fund (see paragraph   29G(2)(b)).