Superannuation (Objective) Act 2024

Subject to subsection (4), a member of Parliament who proposes to introduce a Bill for an Act into a House of the Parliament must, if the Bill relates to superannuation, cause a statement (a statement of compatibility) to be prepared in respect of the Bill.

Subject to subsection (4), a member of Parliament who introduces a Bill for an Act into a House of the Parliament, or another member acting on the first member’s behalf, must, if the Bill relates to superannuation, cause the statement of compatibility prepared under subsection (1) to be presented to the House.

A statement of compatibility must include an assessment of whether the Bill is compatible with the objective of superannuation.

This section does not apply in relation to a Bill to the extent that the Bill:

deals with a matter other than superannuation; or

deals with a matter that:

relates to superannuation; and

is of a minor or technical nature; or

deals with an excepted matter; or

amends or repeals, or relates to an amendment or repeal of, an Act, or a provision of an Act, prescribed by regulations made for the purposes of this paragraph.

This section applies in relation to a Bill proposed to be introduced, or introduced, into the Parliament on or after the commencement of this Act.