Superannuation (PSS) Membership Inclusion Amendment Declaration 2005 (No. 2)

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Superannuation (PSS) Membership Inclusion Amendment Declaration 2005 (No. 2)1
I, NICK MINCHIN, Minister for Finance and Administration, make the following Declaration under paragraph 6 (1) (j) of the Superannuation Act 1990. Dated 18 July 2005 NICK MINCHIN Minister for Finance and Administration
1              Name of Declaration                 This Declaration is the Superannuation (PSS) Membership Inclusion Amendment Declaration 2005 (No. 2). 2              Commencement                 This Declaration is taken to have commenced on 31 December 2004. 3              Amendment of Superannuation (PSS) Membership Inclusion Declaration 1995                 Schedule 1 amends the Superannuation (PSS) Membership Inclusion Declaration 1995.
Schedule 1        Amendments (section 3)    [1]           After subsection 3 (16) insert        (17)   Section 6 of the 1990 Act applies to a person referred to in item 24 in Schedule 1 only while a controlling interest in Rhodium Asset Solutions Limited is held by all or any of the following:                 (a)    the Australian Capital Territory (or its nominees);                (b)    an authority or body, whether a body corporate or not, established for a public purpose by or under a law of the Australian Capital Territory;                 (c)    a company, or other body corporate, in which the Australian Capital Territory (or its nominees), or an authority or body referred to in paragraph (b), has a controlling interest. [2]           Schedule 1, after item 23 insert       24       A person who:                 (a)    becomes an employee of Rhodium Asset Solutions Limited on 31 December 2004; and                (b)    immediately before becoming so employed:                           (i)    was an employee of Totalcare Industries Limited; and                          (ii)    was a member of the scheme provided for by the 1990 Act; and                 (c)    continues to be an employee of Rhodium Asset Solutions Limited; and                (d)    is not, in relation to that employment, a member of an alternative superannuation scheme. 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.frli.gov.au.
 

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