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Financial Markets Authority Act 2011

Miscellaneous provisions - Transitional provisions - Disestablishment of office of Government Actuary

80: Office of Government Actuary continues for limited purpose until 30 September 2011

You could also call this:

“Government Actuary's office keeps working on pension fund tasks until end of September 2011”

The office of the Government Actuary will keep working until 30 September 2011, but only for certain tasks. These tasks are related to the Government Superannuation Fund. The Government Actuary can still do their job for this fund under some old laws. These laws include the Government Superannuation Fund Act 1956, the Government Superannuation Fund Amendment Act 1969, and some rules about the fund.

Until 30 September 2011, some new changes to these laws won’t apply. The old versions of these laws will still be used for the Government Actuary’s work on the superannuation fund. This means the Government Actuary can keep doing their job for the fund in the same way they did before, but only until the end of September 2011.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3565228.

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Money and consumer rights > Savings and retirement Government and voting > Government departments
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Part 4 Miscellaneous provisions
Transitional provisions: Disestablishment of office of Government Actuary

80Office of Government Actuary continues for limited purpose until 30 September 2011

  1. Despite section 77, the office of the Government Actuary continues until the close of 30 September 2011 for the purpose of the Government Actuary performing any function or duty, or exercising any power, in relation to the Government Superannuation Fund under any of the following enactments as in force immediately before their amendment by section 82 of this Act:

  2. Government Superannuation Fund Act 1956:
    1. Government Superannuation Fund Amendment Act 1969:
      1. Government Superannuation Fund (Ceasing Contributions) Regulations 1995:
        1. Government Superannuation Fund Regulations 1995.

          1. To the extent required by subsection (1), until the close of 30 September 2011,—

          2. sections 78 and 79 do not apply; and
            1. the enactments described in subsection (1) continue to apply as if they had not been amended by section 82 of this Act.