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CurrentSaving—deferred benefits under the Superannuation Act 1976
Part 6Transitional and saving provisions
Division 3Transitional and saving provisions in relation to superannuation and other retirement benefits
32 Saving—deferred benefits under the Superannuation Act 1976
(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 139 of the Superannuation Act 1976.
(2)
For the purposes of Division 3 of Part IX of the Superannuation Act 1976, 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 IX of the Superannuation Act 1976.
This Act’s bill:Second reading speech
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