Government Superannuation Fund Amendment Act (No 2) 1990
Government Superannuation Fund Amendment Act (No 2) 1990
Government Superannuation Fund Amendment Act (No 2) 1990
Reprint as at 3 June 2017
Government Superannuation Fund Amendment Act (No 2) 1990
Public Act |
1990 No 77 |
|
Date of assent |
1 August 1990 |
|
Note
Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this eprint. See the notes at the end of this eprint for further details.
This Act is administered in the Government Superannuation Fund Department.
Contents
An Act to amend the Government Superannuation Fund Act 1956
BE IT ENACTED by the Parliament of New Zealand as follows:
1 Short Title and commencement
(1)
This Act may be cited as the Government Superannuation Fund Amendment Act (No 2) 1990, and shall be read together with and deemed part of the Government Superannuation Fund Act 1956 (hereinafter referred to as the principal Act).
2
3
4 Position after 31 July 1990 of locally engaged staff of New Zealand High Commission in United Kingdom
(2)
Notwithstanding the repeal of those sections—
(a)
Any person who, at the 31st day of July 1990, is a contributor to the Fund under Part 2A of the principal Act either as a result of an election under section 22BA(1) of the principal Act or by virtue of section 22BA(3) of the principal Act may continue to contribute under Part 2A of the principal Act, and all of the provisions of the principal Act that apply to contributors under Part 2A shall apply in every respect to that person; and
(b)
Any person who, at the 31st day of July 1990, is a special contributor to the Fund under Part 2 of the principal Act and who has elected under section 22B(7) of the principal Act to contribute to the Fund on the basis of 60 percent of that person’s standard rate of contribution may continue to contribute under Part 2 of the principal Act on that basis, and all of the provisions of that Part shall apply accordingly; and
(c)
Notwithstanding anything to the contrary in section 42 of the principal Act, there shall be deducted from any refund of contributions and interest (if any) payable pursuant to that section to any person to whom paragraph (a) or paragraph (b) of this subsection applies the amount that would be deductible under section 598 of the Income and Corporation Taxes Act 1988 (UK) of the Parliament of the United Kingdom (or under any subsequent enactment passed in amendment of, or substitution for, that provision or any such subsequent enactment) if that provision applied to that contributor.
(3)
This section shall come into force on the 1st day of August 1990.
5
6 Application to members of Cook Islands Public Service who elect to become contributors under Part 2A
[Repealed]Section 6 was repealed, as from 1 October 1995, by section 31 Government Superannuation Fund Amendment Act 1995 (1995 No 28).
7
8 No elections after 30 June 1991 to contribute to Fund under Part 2A of principal Act
[Repealed]Section 8 was repealed, as from 30 June 1991, by section 2(2) Government Superannuation Amendment Act (No 2) 1991 (1991 No 59).
9
10
11 Annual subsidies up to 1 July 1991 from Government and from funds or accounts out of which contributors’ salaries are paid
(1)
This subsection substituted section 95 of the principal Act
(2)
The following enactments are hereby repealed:
(a)
The Government Superannuation Fund Amendment Act 1965:
(b)
Section 20(1) of the Government Superannuation Fund Amendment Act 1979:
(c)
Section 7 of the Government Superannuation Fund Amendment Act (No 2) 1985:
(d)
Section 31 of the Government Superannuation Fund Amendment Act 1986:
(e)
So much of Schedule 1 to the Public Finance Act 1989 as relates to section 95 of the principal Act.
12 Annual subsidies after 1 July 1991 from Government and from funds or accounts out of which contributors’ salaries are paid
[Repealed]Section 12: repealed, on 3 June 2017, by section 3(2) of the Statutes Repeal Act 2017 (2017 No 23).
13 Regulations
[Repealed]Section 13 was repealed, as from 1 October 1995, by section 31 Government Superannuation Fund Amendment Act 1995 (1995 No 28).
14 Amendments to Government Superannuation Fund Amendment Act 1976
Section 35(1) of the Government Superannuation Fund Amendment Act 1976 is hereby amended by inserting, before the words “, and every refund of contributions”
, the words “or that is determined in accordance with regulations made under the principal Act”
.
15 Amendments to Government Superannuation Fund Amendment Act 1990
(1)
Section 31 of the Government Superannuation Fund Amendment Act 1990 is hereby amended by inserting, after the expression “section 50A”
, the expression “or section 50B”
.
(2)
Section 34 of the Government Superannuation Fund Amendment Act 1990 is hereby amended by inserting in paragraph (d), after the expression “section 50A”
, the expression “or section 50B”
.
Eprint notes
1 General
This is an eprint of the Government Superannuation Fund Amendment Act (No 2) 1990 that incorporates all the amendments to that Act as at the date of the last amendment to it.
2 About this eprint
This eprint is not an official version of the legislation under section 18 of the Legislation Act 2012.
3 Amendments incorporated in this eprint
Statutes Repeal Act 2017 (2017 No 23): section 3(2)