Legislative Assembly for the ACT: 2005 Week 08 Hansard (Thursday, 30 June 2005 2005) . . Page.. 2645 ..
A technical reading of section 37U of the Supreme Court Act 1933 suggests that neither the Chief Justice nor the President of the Court of Appeal are entitled to pension entitlements based on their higher level of remuneration. The amendments to section 37U make it clear that the entitlements are based on total remuneration, as is the case with other superannuation beneficiaries.
The Bill also makes amendments to the Supreme Court Act 1933 and the Remuneration Tribunal Act 1995 and repeals the Supreme Court (Remuneration) Regulation 1995 to allow for the Remuneration Tribunal to determine the remuneration and allowances for acting judges.
Trustee Companies Act 1947
The references in section 10 of the Trustee Companies Act 1947 regarding administration bonds have become redundant. Administration bonds are no longer required for trustee companies under the Supreme Court Rules 1937. The Bill therefore amends section 10 to remove references to administration bonds. In addition, the Bill makes a number of technical amendments to the Act to remove unnecessary references to Supreme Court procedures.
The Bill also amends the Conveyancing Act 1919, the Legal Practitioners Act 1970, and the Trustee Act 1925 to update the references and definitions to ‘trustee company’.
Trading Stamps Act 1972
The Trading Stamps Act 1972 prohibits the distribution of trading stamps in retail trade as a form of loyalty scheme. This Act is now redundant, as the market conditions that existed at the time the Act was introduced, and the prohibited schemes that the legislation sought to counteract, no longer prevail in the ACT. Accordingly, the Bill repeals the Trading Stamps Act 1972.
Mr Speaker, I commend the Justice and Community Safety Legislation Amendment Bill 2005 (No. 2) to the Legislative Assembly.