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Superannuation (Productivity Benefit) Act 1988

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
anniversary of birth

has the same meaning as in the Superannuation Act.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
annual rate of contribution

, in relation to a qualified employee, means:

(a) for the year commencing on 1 January 1988:

(i) if the employee’s annual rate of salary is less than $19,934—$299;

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
annual rate of salary

, in relation to a qualified employee in relation to a particular day, means:

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
approved authority

means an authority or body that is an for the purposes of the Superannuation Act or the new Superannuation Act.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
approved deposit fund

means a fund that:

(a) is an indefinitely continuing fund; and

(b) is maintained by an RSE licensee that is a constitutional corporation; and

(c) is maintained solely for approved purposes.

Superannuation Industry (Supervision) Act 1993 Superannuation Industry (Supervision) Act 1993 - 10 Definitions
approved fund

means a superannuation fund that is an because of a declaration in force under section 4C.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Superannuation (Productivity Benefit) Act 1988 - 4C Approved funds
average annual rate of contribution

, in relation to a person in respect of whom an interim benefit is payable in relation to the year commencing on 1 January 1988 or a subsequent year, means half of the sum of:

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Board

has the same meaning as in the new Superannuation Act.

Superannuation (Productivity Benefit) Act 1988
class employee

means a qualified employee in a class in respect of which a declaration is in force under section 4A.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Superannuation (Productivity Benefit) Act 1988 - 4A Arrangements for certain employers
continuing contribution

, in relation to a fund employee, has the meaning given by section 3C.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Superannuation (Productivity Benefit) Act 1988 - 3C Continuing contributions
CSC

(short for Commonwealth Superannuation Corporation) means the body corporate continued in existence by section 5.

Governance of Australian Government Superannuation Schemes Act 2011 Governance of Australian Government Superannuation Schemes Act 2011 - 4 Definitions
Governance of Australian Government Superannuation Schemes Act 2011 - 5 Establishment
declared first interest factor

, in relation to a financial year, means the factor that is the for that year because of a declaration in force under paragraph 3E(a).

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Superannuation (Productivity Benefit) Act 1988 - 3E Interest factors
declared fund

means the nominated fund or an approved fund.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
declared second interest factor

, in relation to a financial year, means the factor that is the for that year because of a declaration in force under paragraph 3E(b).

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Superannuation (Productivity Benefit) Act 1988 - 3E Interest factors
Department

means a of State, excluding any part that is itself an Executive Agency or Statutory Agency.

Public Service Act 1999 Public Service Act 1999 - 7 Interpretation
designated employer

, in relation to a qualified employee, means:

(a) where the employee is a permanent employee, or temporary employee, other than an employee employed by an approved authority:

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
Fund

has the same meaning as in the new Superannuation Act.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
fund employee

means a remainder employee who is a member of a declared fund.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
interim arrangement employee

means a remainder employee who is not a fund employee.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation
interim benefit

means a benefit payable in accordance with this Act.

Superannuation (Productivity Benefit) Act 1988 Superannuation (Productivity Benefit) Act 1988 - 3 Interpretation

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