110
CurrentSuperannuation fund
Part VIIIThe Commonwealth Bank Officers Superannuation Corporation
110 Superannuation fund
(1)
The Corporation’s superannuation fund that was in existence immediately before the commencement of this section:
(a)
continues in existence; and
(b)
is to be governed by the Trust Deed.
(2)
All the rights and liabilities of members and beneficiaries of the fund that existed immediately before the commencement of this section continue after the commencement of this section, subject to the Trust Deed.
(3)
In this section:
Trust Deed means the trust deed made before the commencement of this section between the Corporation and the Commonwealth Bank, and includes any amendments to that deed.
This Act’s bill:Second reading speech
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