Commonwealth Consolidated Acts

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SUPERANNUATION ACT 1990 - SECT 4

Deed to establish Public Sector Superannuation Scheme etc.

    Not later than 30 days after the commencement of this Act, the Minister must, for and on behalf of the Commonwealth, by deed:

  (a)   establish an occupational superannuation scheme for the benefit of:

  (i)   persons employed by the Commonwealth and approved authorities; and

  (ii)   holders of statutory offices; and

  (iii)   other persons;

    who, on and after the commencement of Part   3, will be, under that Part, members of the scheme; and

  (b)   establish, and vest in the Board, a fund for the purposes of the Public Sector Superannuation Scheme; and

  (c)   set out the functions and powers of the Board.



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