📜 Coal Industry Superannuation Amendment Bill 2004
Bill LapsedLA4 March 2004
The Coal Industry Superannuation Amendment Bill 2004 amends the Coal Industry Superannuation Act 1989 to allow the Coal Industry Superannuation Board to offer spouse accounts and allocated pensions, promote the fund, and update various administrative and operational aspects of the fund.
Impact
The bill affects members of the Coal Industry Superannuation Fund and their spouses by providing more flexible superannuation options. It also affects the Board by updating its powers and functions. This matters because it aims to improve the competitiveness and efficiency of the fund.
Key Changes
["Allows spouse accounts for fund members.", "Enables the Board to promote and market the Fund.", "Updates Board powers to recover money owing to the Fund.", "Provides for a review of the Act every 5 years.", "Allows the Board to meet via telephone or video conference."]
Parliamentary Progress
- LA IntroducedLA4 Mar 2004
- LA Second Reading MovedLA4 Mar 2004
- LA Second Reading AgreedLA17 June 2004
- LA Consideration in DetailLA17 June 2004
- LA AmendedLA17 June 2004
- LA Third ReadingLA22 June 2004
- LC Second Reading MovedLC24 June 2004
Affected Sectors
financeminingpublic_sector
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