Introduction
The Act came into force on 22 March 1989. It provided for the implementation of the current regime for superannuation schemes, and for the phasing-out of the previous regime which had been defined by the Superannuation Schemes Act 1976 and its accompanying regulations.
My responsibilities are with the administration of the Act. The Act now having been in force for 15 years, I have included in section 3 of this report, as I did the previous year, comment on matters arising from the administration of the Act in respect of changes in the environment in which the Act operates.
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