Explanatory Memorandum
(Circulated by the authority of the Minister for Finance and Administration, Senator the Hon Nick Minchin)Glossary
Terms used in notes on clauses
"20th Amending Deed" means the 20th Amending Trust Deed and Rules to the PSS made on 23 March 2004 in accordance with section 5 of the 1990 Act.
"1990 Act" means the Superannuation Act 1990.
"2005 Bill" means the Superannuation Bill 2005.
"ACT" means the Australian Capital Territory.
"APS" means the Australian Public Service established by section 9 of the Public Service Act 1999.
"APS Employee" means an APS employee as defined in section 7 of the Public Service Act 1999.
"Bill" means the Superannuation (Consequential Amendments) Bill 2005.
"Choice of fund arrangement" means an arrangement where an employer makes contributions in respect of an employee in compliance with Part 3A of the SG Act as amended by the Superannuation Legislation Amendment (Choice of Superannuation Funds) Act 2004.
"CSS" means the Commonwealth Superannuation Scheme established under the Superannuation Act 1976.
"Governor-General Act" means the Governor-General Act 1974.
"Judges' Pensions Act" means the Judges' Pensions Act 1968.
"NSW" means New South Wales.
"Productivity Benefit Act" means the Superannuation (Productivity Benefit) Act 1988.
"PSS" means the Public Sector Superannuation Scheme established by the PSS Trust Deed.
"PSSAP" means the Public Sector Superannuation Accumulation Plan which would be established by the PSSAP Trust Deed.
"PSSAP Fund" means the fund which would be established, and vested in the PSS Board, by the PSSAP Trust Deed.
"PSSAP Trust Deed" means the Trust Deed which would be made under the terms of the 2005 Bill.
"PSS Board" means the Board established under section 20 of the 1990 Act.
"PSS Fund" means the fund established, and vested in the PSS Board, by the PSS Trust Deed.
"PSS Rules" means the rules governing the PSS, which are included in the PSS Trust Deed.
"PSS Trust Deed" means the trust deed made under the 1990 Act.
"SG Act" means the Superannuation Guarantee (Administration) Act 1992.
"Supervisory Mechanisms Act" means Superannuation Benefits (Supervisory Mechanisms) Act 1990.