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PARLIAMENTARY SUPERANNUATION ACT 2004 - SECT 3

Definitions

    In this Act:

"administering authority" means:

  (a)   in relation to a person who is or will be a senator--the Clerk of the Senate; and

  (b)   in relation to a person who is a member of the House of Representatives--the Clerk of the House of Representatives.

"allowance by way of salary" means office holder's salary (within the meaning of the Parliamentary Business Resources Act 2017 ).

"basic contributions fund" , in relation to a person at a particular time, means:

  (a)   if a choice notice given by the member is in force under Division   2 of Part   2 at that time--the fund that is, at that time, specified in the notice as the chosen fund; or

  (b)   otherwise--the fund or scheme that is, at that time, the default fund under Division   3 of Part   2.

"complying superannuation fund" has the meaning given by section   4.

"new scheme contribution period" , in relation to a person, has the meaning given by section   6.

"new scheme entry time" , in relation to a person, has the meaning given by section   5.

"office holder" means an office holder (within the meaning of the Parliamentary Business Resources Act 2017 ) to whom a parliamentary allowance is payable.

"parliamentary allowance" means:

  (a)   an allowance by way of salary under clause   1 of Schedule   3 to the Remuneration and Allowances Act 1990 :

  (i)   as in force before the commencement of Schedule   2 (the amending Schedule ) to the Remuneration and Other Legislation Amendment Act 2011 ; or

  (ii)   as continued in force by item   21 of the amending Schedule; or

  (b)   parliamentary base salary (within the meaning of the Remuneration Tribunal Act 1973 , as in force before the commencement of the Parliamentary Business Resources Act 2017 ); or

  (c)   base salary (within the meaning of the Parliamentary Business Resources Act 2017 ).

"RSA" has the same meaning as in the Retirement Savings Accounts Act 1997 .

"salary" , in relation to a Minister of State, means Ministerial salary (within the meaning of the Parliamentary Business Resources Act 2017 ).

"self managed superannuation fund" has the same meaning as in the Superannuation Industry (Supervision) Act 1993 .



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