(1) This section applies in relation to a person who was an employee of the Snowy Mountains Hydro - electric Authority immediately before the corporatisation date if, at that time, the employee's period of service for the purposes of the Long Service Leave Act was less than 10 years.
(2) If the employee dies on or after the corporatisation date and, immediately before his or her death:
(a) the employee was an employee of a Snowy hydro - group company; and
(b) the employee's combined service period was at least one year; and
(c) the employee had one or more dependants;
the hydro - group company must make a payment to a dependant or to 2 or more dependants of the employee.
(3) The total amount of the payment or payments is the amount that would have been payable to the employee under section 28 if, on the day of his or her death, the employee had stopped being an employee of the hydro - group company on or after reaching the minimum retiring age.
(4) If subsection ( 2) applies, section 23 of the Long Service Leave Act has effect as if:
(a) that section applied to an employee of a Snowy hydro - group company; and
(b) a reference in that section to the approving authority were a reference to the hydro - group company; and
(c) for the expression "this Act" in that section there were substituted the expression "section 29 of the Snowy Hydro Corporatisation Act 1997 "; and
(d) for the expression "subsection 16(7) or 17(5)" in that section there were substituted the expression "section 29 of the Snowy Hydro Corporatisation Act 1997 ".