Superannuation Act 1986

(1) The person who was the Chair of the 3‑member Board under old section 11A(1)(a) immediately before commencement:

(a) becomes, on commencement, the chairperson of the 9‑member Board under section 8C(1)(b)(i); and

(b) holds that office for the remainder of his or her term of appointment to the 3‑member Board.

(2) The person who was the Acting Chair under old section 16(2) immediately before commencement:

(a) becomes, on commencement, the deputy chairperson of the 9‑member Board under section 8C(1)(b)(ii); and

(b) holds that office until the expiry of 5 years from the date of his or her appointment under old section 16(2).

(3) The person who was a member of the 3‑member Board under old section 11A(1)(b) immediately before commencement having been nominated by Unions NT under old section 11A(2)(b):

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by Unions NT under section 8C(3)(b)(ii); and

(c) holds that office for the remainder of his or her term of appointment to the 3‑member Board.

(4) The person who was, immediately before commencement, the alternate member under old section 15(1) for the member mentioned in subsection (3):

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by Unions NT under section 8C(3)(b)(ii); and

(c) holds that office until the expiry of 5 years from the date on which he or she was appointed under old section 15(1).

(5) The person who was a member of the 3‑member Board under old section 11A(1)(b) immediately before commencement and who was not the Chair or the member mentioned in subsection (3):

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by the Under Treasurer under section 8C(3)(a); and

(c) holds that office for the remainder of his or her term of appointment to the 3‑member Board.

(6) The person who was, immediately before commencement, the alternate member under old section 15(1) for the member mentioned in subsection (5):

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by the Under Treasurer under section 8C(3)(a); and

(c) holds that office until the expiry of 5 years from the date on which he or she was appointed under old section 15(1).

(7) The person who was, immediately before commencement, the trustee nominated under clause 4(2) of the police scheme trust deed by the Police Association to represent the members:

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by the Police Association under section 8C(3)(d)(ii); and

(c) holds that office for the remainder of his or her term of appointment as trustee under clause 4 of the police scheme trust deed.

(8) The person who was, immediately before the commencement, the trustee nominated under clause 4(2) of the police scheme trust deed by the Commissioner of Police to represent the police:

(a) becomes, on commencement, a member of the 9‑member Board under section 8C(1)(b)(iii); and

(b) is taken to have been nominated by the Commissioner of Police under section 8C(3)(c); and

(9) The reference in section 8F(1) to a term of office of 5 years does not apply in relation to the terms of office mentioned in this section.