If:
(a) a person who is an employee of a Snowy hydro - group company was, immediately before the corporatisation date, an employee of the Snowy Mountains Hydro - electric Authority; and
(b) a period of employment of the person by the Authority was a period of eligible employment for the purposes of Division 3 of Part IX of the DFRDB Act;
the period of employment continues to be a period of eligible employment for the purposes of that Division.