Retirement Benefits Amendment Regulations 2013
I, the Governor in and over the State of Tasmania and its Dependencies in the Commonwealth of Australia, acting with the advice of the Executive Council, make the following regulations under the Retirement Benefits Act 1993 .
4 March 2013PETER G. UNDERWOOD
Governor
By His Excellency's Command,
S. BACON
Minister for Finance
These regulations may be cited as the Retirement Benefits Amendment Regulations 2013 .
These regulations take effect on the day on which their making is notified in the Gazette.
In these regulations, the Retirement Benefits Regulations 2005 are referred to as the Principal Regulations.
4. Regulation 56 amended (Supplemental lump sum benefit payable in certain cases)
Regulation 56(6) of the Principal Regulations is amended by omitting "1 January and 1 July" and substituting "1 March and 1 September".
5. Regulation 67 amended (Establishment of compulsory preservation accounts)
Regulation 67(4) of the Principal Regulations is amended by omitting "1 January and 1 July" and substituting "1 March and 1 September".
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 6 March 2013
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 by aligning the date of review for the indexation rate applying to compulsory preservation accounts and supplemental lump sum benefits with the new Australian Bureau of Statistics data release dates.