Territory Stories

Explanatory Statement Superannuation Legislation Amendment Bill 2015 (Serial 132)

Details:

Title

Explanatory Statement Superannuation Legislation Amendment Bill 2015 (Serial 132)

Other title

Tabled paper 1429

Collection

Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT

Date

2015-08-26

Description

Tabled by David Tollner

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Treasurer

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00886

Parent handle

https://hdl.handle.net/10070/273651

Citation address

https://hdl.handle.net/10070/426474

Page content

create spouse accounts in the future. NOTES ON CLAUSES PART 1 PRELIMINARY MATTERS Clause 1. Short title This is a formal clause which provides for the citation of the Bill. When passed, the Bill will be cited as the Superannuation Legislation Amendment Act 2015. Clause 2. Commencement Clause 2 provides that different parts of the Bill commence at different times. Subclause (a) provides that the Bill, other than Part 2, Division 3 and Part 3, commence on Administrators assent. Subclause (b) provides that Part 2, Division 3 and Part 3 of the Bill commence on a day fixed by the Administrator by Gazette notice. PART 2 AMENDMENT OF SUPERANNUATION ACT Division 1 Act amended Clause 3. Act amended Clause 3 provides that this Part of the Bill amends the Superannuation Act. Division 2 Amendments commencing on assent Clause 4. Part 3, Division 6 inserted Clause 4 inserts new Division 6 into Part 3 of the Superannuation Act. It contains new sections 45DE, 45DF and 45DG.