Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 16 February 2011
These regulations are administered in the Department of Treasury and Finance.
EXPLANATORY NOTE
(This note is not part of the regulation)
These regulations amend the Retirement Benefits Regulations 2005 so as to –(a) allow the Retirement Benefits Fund Board to exercise greater discretion with regard to the timing of benefit payments and the payment of interest on late benefit payments; and(b) make it clear that interest payments of that kind are not capable of being converted to a pension.