Tuesday, 2 August 2022
I give notice that, on the next day of sitting, I shall move:
That the provisions of paragraphs (5) to (8) of standing order 111 not apply to the Public Sector Superannuation Salary Legislation Amendment Bill 2022, allowing it to be considered during this period of sittings.
I also table a statement of reasons justifying the need for the bill to be considered during these sittings and seek leave to have the statement incorporated in Hansard.
The statement read as follows—
PUBLIC SECTOR SUPERANNUATION SALARY LEGISLATION AMENDMENT BILL
Purpose of the Bill
The Bill would retrospectively amend, on 1 July 1986, the Superannuation (CSS) Salary Regulations 1978 to exclude the value of rent-free housing from the calculation of default superannuation salary and put in place limited application provisions.
Reasons for Urgency
The Bill will provide certainty by excluding rent-free housing from the default definition of superannuation salary.
(Circulated by authority of the Minister for Finance)