- Act 11 of 2016 - Royal Assent 17 June 2016 TABLE OF PROVISIONS Long Title PART 1 - Preliminary 1. Short title 2. Commencement 3. Interpretation 4. Meaning of salary 5. Act binds Crown PART 2 - Superannuation Commission Division 1 - Superannuation Commission 6. Superannuation Commission 7. Membership of Commission 8. Acting member of Commission Division 2 - Functions and powers 9. Functions and powers of Commission 10. Duties of Commission 11. Investment strategies of Commission 12. Delegation Division 3 - Miscellaneous 13. Disclosure of interest 14. Staff of Commission 15. Commission may engage administrators, consultants &c. 16. Judicial notice 17. Liability of Commission PART 3 - Transitional Role of Board and Commission 18. Composition of Board in transitional period 19. Functions of Board and Commission in transitional period PART 4 - Default Funds Division 1 - Nomination of default funds 20. Default fund 21. Employer contributions to be made to default fund if no chosen fund elected by employee Division 2 - Transfer of assets and members to initial default fund 22. Transfer to initial default fund of existing members and related assets 23. Effect of transfer 24. Part not to be taken to prevent choice of fund PART 5 - Contributory Scheme Division 1 - Commission to administer and manage Fund and contributory scheme 25. Functions of Commission after transfer date 26. Transfer of property of Board records &c. Division 2 - Fund 27. Continuation of Retirement Benefits Fund 28. Power to establish subfunds 29. Actuarial investigation of Fund Division 3 - Contributory scheme 30. Closure under Public Sector Superannuation Reform Act 1999 of contributory scheme remains in effect 31. Members of boards not entitled to be members of contributory scheme 32. Membership of contributory scheme by reason of 2 or more positions or capacities 33. Application of Commonwealth superannuation principles PART 6 - Continuation of Certain Schemes Division 1 - Tasmanian Ambulance Service Superannuation Scheme 34. Interpretation 35. TASS Trust Deed continues in force and remains binding 36. Contents of TASS Trust Deed 37. Amendment or revocation and substitution of TASS Trust Deed 38. Continued scheme 39. Transitional matters in relation to continued scheme 40. Certain determinations, &c., to continue to have effect 41. Guarantee by Minister Division 2 - State Fire Commission Superannuation Scheme 42. Interpretation 43. Trust Deed continues in force and remains binding 44. Contents of Trust Deed 45. Amendment or revocation and substitution of Trust Deed 46. Continued scheme 47. Transitional matters in relation to continued scheme 48. Certain determinations, &c., to continue to have effect 49. Guarantee by Minister PART 7 - Miscellaneous 50. Actuary 51. Employer contributions to chosen fund 52. Certain references in industrial awards 53. Transitional provisions in relation to certain RBF employees 54. Appropriation and Minister's guarantee 55. Annual reports 56. Notices are not statutory rules 57. Regulations generally 58. Regulations may contain transitional matters 59. Regulations may provide for cases of relationship breakdown 60. Transitional and savings provisions relating to repeal of Retirement Benefits Act 1993 61. Savings in relation to TGIO Reserve Account 62. Administration of Act 63. Legislation repealed SCHEDULE 1 SCHEDULE 2 SCHEDULE 3 SCHEDULE 4[ Note: This table has been automatically generated and may be incomplete. ]