Transfer of contributors under earlier Act
3 Transfer of contributors under earlier Act
An employee who, immediately before the appointed day, was a contributor to the earlier Fund shall be deemed to have made an election under section 19 (Election to contribute to the Fund) which took effect on the appointed day and to which section 19 (2) did not apply.
Where, pursuant to subclause (1), an employee becomes a contributor—
the employee ceases to be a contributor to the earlier Fund, and
a benefit under the earlier Act is not payable to or in relation to the contributor.
An application under section 20 (Additional benefit) may, subject to that section, be made at any time by an employee who, pursuant to this clause, becomes a contributor.
This Act’s bill:Explanatory memorandum
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