Commonwealth Consolidated Acts

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SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 - SECT 23

Saving--deferred benefits under the Superannuation Act 1922

  (1)   This section applies if, immediately before the sale day, an employee of a SMEC body was a person to whom deferred benefits were applicable under section   119W of the Superannuation Act 1922 .

  (2)   For the purposes of Division   3 of Part   XA of the Superannuation Act 1922 , the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a SMEC body.

  (3)   This section is subject to Division   3 of Part   XA of the Superannuation Act 1922 .



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