Commonwealth Consolidated Acts

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SUPERANNUATION ACT 1976 - SECT 125

Interpretation

  (1)   In this Part, unless the contrary intention appears:

"life policy" has the same meaning as in the Life Insurance Act 1995 .

"owner of a life policy" has the same meaning as in the Life Insurance Act 1995 .

"rules" , in relation to a superannuation scheme, means the rules governing the operation of the scheme, whether contained in a law or in a trust deed or other instrument.

"superannuation scheme" means a superannuation or retirement scheme, however established, and includes the CSS and the superannuation scheme constituted by the superseded Act.

  (2)   For the purposes of this Part, the membership by a person of a House of the Parliament of the Commonwealth or of a State shall be treated as if it were employment of the person by the Commonwealth or by that State, as the case may be.

  (3)   For the purposes of this Part, membership by a person of the Legislative Assembly for the Australian Capital Territory or the Legislative Assembly of the Northern Territory or a legislative or advisory body for another Territory prescribed for the purposes of this section shall be treated as if it were employment of the person by the Commonwealth.

  (4)   For the purposes of this Part, a benefit payable under a superannuation scheme to or in respect of a member of the scheme shall not be taken to have been based partly on contributions by the employer by reason only that the benefit included interest upon contributions made under the scheme by the member.

  (5)   A person in respect of whom benefits are applicable under a superannuation scheme by reason of his or her being employed in any employment, whether or not he or she has made contributions under the scheme, shall be deemed to be a member of the superannuation scheme.

  (6)   Where, in pursuance of this Part, CSC has power to make a determination in relation to a matter, the power shall be construed as including a power, exercisable in the like manner and subject to the like conditions (if any), to vary a determination so made.



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