Section 29 is
repealed and the following section is inserted instead —
“
29. State contributions for
MPs who are not participants in the scheme
(1) In this
section —
"complying superannuation fund" has the meaning it
has in the SG(A) Act;
"individual superannuation guarantee shortfall"
has the meaning it has in the SG(A) Act;
"non-participant" means a member in respect of
whom contributions have never been made to the scheme or a member who has made
an election under section 10(2);
"SG(A) Act" means the Superannuation Guarantee
(Administration) Act 1992 of the Commonwealth.
(2) The State shall
make contributions towards superannuation for every person who is a
non-participant.
(3) The State’s
contributions in respect of a non-participant —
(a)
shall be made in accordance with a determination made from time to time by the
Tribunal but in any event shall not be less than the minimum amount that the
State must contribute in respect of the non-participant in order to avoid
incurring an individual superannuation guarantee shortfall in respect of the
non-participant;
(b)
shall be paid at such time or times as the Minister determines but in any
event in such a manner that the State does not incur an individual
superannuation guarantee shortfall in respect of the non-participant; and
(c)
shall be paid to a complying superannuation fund in accordance with the
Minister’s determination under subsection (4).
(4) The Minister, by a
written instrument, shall from time to time determine to which
complying superannuation fund or funds the State’s contributions shall
be paid.
(5) The State’s
contributions shall be charged to the Consolidated Fund which is appropriated
accordingly.
”.