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CurrentSaving—deferred benefits under the Superannuation Act 1922
Part 6Transitional and saving provisions
Division 3Transitional and saving provisions in relation to superannuation and other retirement benefits
31 Saving—deferred benefits under the Superannuation Act 1922
(1)
This section applies if, immediately before the sale day, an employee of a CSL body was a person to whom deferred benefits were applicable under section 119W of the Superannuation Act 1922.
(2)
For the purposes of Division 3 of Part XA of the Superannuation Act 1922, the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a CSL body.
(3)
This section is subject to Division 3 of Part XA of the Superannuation Act 1922.
This Act’s bill:Second reading speech
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