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  • Governance of Australian Government Superannuation Schemes Bill 2011

    Track (What's this?)

    Date
    24 Mar 2011 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Finance and Deregulation 
    Summary
    Part of a package of three bills to establish governance arrangements for Commonwealth superannuation schemes, the bill: merges the Australian Reward Investment Alliance, the Military Superannuation and Benefits Board and the Defence Force Retirement and Death Benefits Authority into a single trustee body - the Commonwealth Superannuation Corporation (CSC), and sets out its functions and powers; establishes a governing board of CSC; allows CSC to employ staff and engage consultants; and provides for finance and reporting requirements. 

    Bill | Explanatory Memorandum

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A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.