Local Government Superannuation Regulation 1992


Queensland Crest
LOCAL GOVERNMENT SUPERANNUATION REGULATION 1992
Queensland Local Government Superannuation Act 1985 LOCAL GOVERNMENT SUPERANNUATION REGULATION 1992 Reprinted as in force on 1 August 1992 (Regulation not amended up to this date) Reprint No. 1 This reprint is prepared by the Office of the Queensland Parliamentary Counsel Warning—This reprint is not an authorised copy
Information about this reprint This regulation is reprinted as at 1 August 1992. The opportunity has been taken under section 7 of the Reprints Act 1992 , to do the following— correct spelling, and use different spelling consistent with current legislative drafting practice, as permitted by section 26(1) of that Act; omit certain provisions that are no longer required as permitted by section 40 of that Act. Also see Endnotes for— details about when provisions commenced; and any provisions that have not commenced and are not incorporated in the reprint.
Queensland LOCAL GOVERNMENT SUPERANNUATION REGULATION 1992 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3 Application for exemption . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 Payments by local authorities to Board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5 Interest on unpaid contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 6 Instalments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 7 Reduction in amount of contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 8 Election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 ENDNOTES 1 Index to Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . 5 3 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 4 List of annotations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3 Local Government Superannuation Regulation 1992 LOCAL GOVERNMENT SUPERANNUATION REGULATION 1992 [reprinted as in force on 1 August 1992 2 ] ˙ Short title 1. This regulation may be cited as the Local Government Superannuation Regulation 1992 3-4 . ˙ Commencement 2. This regulation commences on 1 July 1992. ˙ Application for exemption 3. An application for exemption under section 35 of the Act is to be made in the form approved by the Board. ˙ Payments by local authorities to Board 4. A local authority must make payment to the Board under section 36(1) of the Act within 30 days of the Board’s notifying the local authority of the amount owing. ˙ Interest on unpaid contributions 5. For the purposes of section 37(1) of the Act, the prescribed rate of interest is 14% per annum. ˙ Instalments 6. For the purposes of section 38(2) of the Act, the prescribed instalments are— (a) if the permanent employee is paid weekly—as near as possible,
4 Local Government Superannuation Regulation 1992 equal weekly instalments of 1/52 of the employee’s liability; or (b) if the permanent employee is paid fortnightly—as near as possible, equal fortnightly instalments of 1/26 of the employee’s liability; or (c) if the permanent employee is paid monthly—as near as possible, equal monthly instalments of 1/12 of the employee’s liability. ˙ Reduction in amount of contributions 7. For the purposes of section 40(3)(a) of the Act, the prescribed time for giving notice to the Board is 60 days from the day on which the employee’s salary decreases. ˙ Election 8. For the purposes of section 38B of the Act, a permanent employee must give a notice of election on or before 30 September 1992.
5 Local Government Superannuation Regulation 1992 ENDNOTES ´ 1 Index to Endnotes Page 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 3 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 4 List of annotations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 ´ 2 Date to which amendments incorporated This is the day mentioned in section 5(c) of the Reprints Act 1992 . However, no amendments have commenced operation before that day. Future amendments of the Local Government Superannuation Regulation 1992 may be made in accordance with this reprint because of section 49 of the Reprints Act 1992 . ´ 3 List of legislation Local Government Superannuation Regulation 1992 SL No 166 pubd Gaz 26 June 1992 pp 1565–7 ss 1–2 commenced on date of publication remaining provisions commenced 1 July 1992 (see s 2)
6 Local Government Superannuation Regulation 1992 ´ 4 List of annotations Key to abbreviations in list of annotations RA amd ins om renum sub Chap Pt hdg Div hdg Sdiv hdg hdg prec prov hdg cl orig pres = = = = = = = = = = = = = = = Reprints Act 1992 amended inserted omitted renumbered substituted Chapter Part heading Division heading Subdivision heading heading preceding provision heading clause original present Provisions not included in reprint, or amended by amendments not included in reprint, are underlined Repeal s 9 om (see s 40 RA)