Commonwealth Consolidated Acts

SUPERANNUATION ACT 2005 - SECT 45

  (1)   The Governor - General may make regulations prescribing matters:

  (a)   required or permitted to be prescribed by this Act; or

  (b)   necessary or convenient to be prescribed for carrying out or giving effect to this Act.

  (2)   Regulations may not be made unless:

  (a)   CSC has consented to the making of the regulations; or

  (b)   the regulations:

  (i)   relate to a payment by an employer - sponsor within the meaning of the Superannuation Industry (Supervision) Act 1993 that will, after the making of the regulations, be required or permitted to be made under this Act; or

  (ii)   relate solely to the termination of the PSSAP Fund; or

  (iii)   are made in circumstances covered by regulations made for the purposes of subparagraph   60(1)(b)(iii) of the Superannuation Industry (Supervision) Act 1993 .

  (3)   For the purposes of subparagraph   (2)(b)(i), a payment under the Trust Deed or the Rules is taken to be a payment by an employer - sponsor referred to in that subparagraph.