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Superannuation (CSS) (Eligible Employees - Inclusion) Amendment Declaration 2012 (No. 2)

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Superannuation (CSS) (Eligible Employees — Inclusion) Amendment Declaration 2012 (No. 2)1
I, PENELOPE YING YEN WONG, Minister for Finance and Deregulation, make this Declaration under paragraph (ec) of the definition of eligible employee in subsection 3 (1) of the Superannuation Act 1976.
Dated 25th October 2012
PENELOPE YING YEN WONG
Minister for Finance and Deregulation
 
1              Name of Declaration
                This Declaration is the Superannuation (CSS) (Eligible Employees — Inclusion) Amendment Declaration 2012 (No. 2).
2              Commencement
                This Declaration commences on the day after it is registered.
3              Application
                The amendments made by item 3 of Schedule 1 to this Declaration apply in relation to a person who becomes an employee of the Australian Reinsurance Pool Corporation on or after the day of commencement of this Declaration.
4              Amendment of Superannuation (CSS) (Eligible Employees — Inclusion) Declaration 2003
                Schedule 1 amends the Superannuation (CSS) (Eligible Employees — Inclusion) Declaration 2003.
Schedule 1        Amendments
(section 4)
  
[1]           Subsection 3 (1), immediately after the definition of alternative superannuation scheme
insert
 
ARPC means the Australian Reinsurance Pool Corporation established by the Terrorism Insurance Act 2003.
 [2]          Subparagraph 4 (2) (q) (iii)
omit
scheme.
insert
scheme;
[3]           After paragraph 4 (2) (q)
insert
          (r)   a class of persons each of whom:
                (i)    is an employee of ARPC, other than on a casual or temporary part-time basis; and
               (ii)    immediately before becoming so employed, was an eligible employee; and
              (iii)    is not, in relation to the person’s employment with ARPC, a member of an alternative superannuation scheme.           
 
Notes
1.       This Declaration amends F2006B01696, as amended by F2005L01867; F2005L02388; F2009L01158; F2011L01388; and F2012L01533.
2.       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.