Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf:
(a) a life policy that was assigned by a person to the former Board under section 119ZC of the superseded Act was transferred to the Commissioner by subsection 76(2) of the Superannuation Amendment Act 1976 ; or
(b) a life policy is assigned by a person to the Commissioner under section 119ZC of the superseded Act;
the following paragraphs apply:
(c) the policy is, by this section, assigned to CSC;
(d) section 145 of this Act applies, with such modifications as are determined by CSC, to and in relation to the person and the policy as if the policy had been assigned to CSC by the person under that section.