5
CurrentTransferred accounts and reserves
5 Transferred accounts and reserves
The contributor’s account that is established under section 12 (1) of the current Act (contributors’ accounts) in respect of a transferred contributor shall be so established with a credit balance equal to the balance at credit on 31 March 1988 in the account that had been established under section 9 (1) of the earlier Act (certain accounts and reserves to be established) in respect of that contributor.
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