Nick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

Again, the government will not be supporting this new requirement. The arrangement for credits to the funds is consistent with the approach taken for the Future Fund and the Higher Education Endowment Fund. Credits to the fund are determined through legislative instruments which are required to be tabled in the parliament and are also registered on the Federal Register of Legislative Instruments. Normally such determinations would be regarded as administrative rather than legislative in character; however, to provide transparency to the parliament, these determinations have been made non-disallowable instruments. We will not be supporting the amendments.