Superannuation (Productivity Benefit) (Qualified Employees Exclusion) Declaration 2012

Link to law: https://www.comlaw.gov.au/Details/F2013L00026

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Superannuation (Qualified Employees Exclusion) Declaration 20121
I, Penelope YING YEN WONG, Minister for Finance and Deregulation, make the following Declaration under subsection 3F(2) of the Superannuation (Productivity Benefit) Act 1988.
Dated    12    December 2012
 
 
 
Penelope YING YEN WONG
Minister for Finance and Deregulation
  
  
1              Name of Declaration
                This Declaration is the Superannuation (Productivity Benefit) (Qualified Employees Exclusion) Declaration 2012.
2              Commencement
                This Declaration commences on 1 July 2012.
3              Interpretation
                In this Declaration, unless the contrary intention appears:
                “PB Act” means the Superannuation (Productivity Benefit) Act 1988;
                “JP Act” means the Judges’ Pensions Act 1968.
4              Class of persons who are not qualified employees
                For the purposes of subsection 3F(2) of the PB Act, the class of persons, each of whom is a person:
(a)        to whom section 12A of the JP Act would apply if they were not a qualified employee under the PB Act on the last day on which they held office as a Judge; and
(b)        in respect of whom:
(i)         a benefit would be payable under subsection 12A(2) of the JP Act if they were not a qualified employee under the PB Act on the last day on which they held office as a Judge; and
(ii)        the benefit that would be payable under subsection 12A(2) of the JP Act is not less than the benefit that would otherwise be payable under the PB Act if the person were a qualified employee.
                is a class of persons who are not qualified employees.
 
 
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.