State Authorities Superannuation Act 1987

The regulations may make provision for or with respect to the rights and obligations of transferred contributors and, without affecting the generality of the foregoing, may affect or preserve rights and obligations accrued or accruing before the appointed day.

A provision referred to in subclause (1) may not restrict or remove any rights a transferred contributor has as a contributor under this Act (other than this Schedule), but may confer additional rights, having regard to the rights and obligations under any previous superannuation scheme to which the transferred contributor was a party.

Without limiting subclause (1), a provision referred to in that subclause may amend each of the following provisions to increase or decrease the percentage referred to in the provision—

clause 13(2)(a) of the State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003,

clause 22(2)(a) of the State Authorities Superannuation (Government Railways Superannuation Scheme Transfer) (Savings and Transitional) Regulation 1990,

clause 49(2)(a) of the State Authorities Superannuation (Transitional Provisions) Regulation 1988.

A provision referred to in subclause (1) may, if the regulations so provide, take effect from the appointed day or a later day.

To the extent to which a provision referred to in subclause (1) takes effect from a date that is earlier than the date of its publication in the Gazette, the provision does not operate so as—

to affect, in a manner prejudicial to any person (other than the State or an authority of the State), the rights of that person existing before the date of its publication, or

to impose liabilities on any person (other than the State or an authority of the State) in respect of anything done or omitted to be done before the date of its publication.