Interpretation
82J Interpretation
In this Part, unless the contrary intention appears:
employment means employment by the terms of which persons employed in that employment are required to give the whole of their time to the duties of their employment.
life policy has the same meaning as in the Life Insurance Act 1995.
member, in relation to a superannuation scheme applying in relation to any employment, includes any person employed in that employment in respect of whom benefits are applicable under the scheme by reason of his being so employed, whether or not he has made contributions under the scheme.
owner of a life policy has the same meaning as in the Life Insurance Act 1995.
the rules, in relation to a superannuation scheme, means the rules governing the operation of the scheme, whether contained in a law or in a trust deed or other instrument.
For the purposes of this Part, the membership by a person of a House of the Parliament of the Commonwealth or of a State shall be treated as if it were employment of the person by the Commonwealth or by that State, as the case may be.
A reference in this Part to a superannuation scheme shall be read as a reference to a superannuation or retirement scheme, however established, and, unless the contrary intention appears, shall be read as including a reference to the retirement scheme constituted by the provision of this Act and the other Acts relating to retirement benefits for members of the Defence Force.
For the purposes of this Part, a benefit payable to or in respect of a member under a superannuation scheme shall not be taken to have been based partly on contributions under the scheme by the employer by reason only that the benefit included interest upon contributions made under the scheme by the members.
This Act’s bill:Second reading speech
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