Commonwealth Consolidated Acts Commonwealth Consolidated ActsCSC must, at such times as CSC determines, transfer to the person or body administering an approved superannuation scheme:
(a) such assets of the PSS Fund (including investment assets of the PSS Fund) as are determined by CSC to be assets that fairly and equitably represent the accumulated funded contributions of those persons who:
(i) have become members of the approved superannuation scheme within such period as, in relation to each of those persons, has been determined under subsection 33C(2); and
(ii) immediately before becoming such members, were members of the Public Sector Superannuation Scheme; and
(b) such liabilities (if any) (including investment liabilities of the PSS Fund) as are determined by CSC to be liabilities relating to those assets.