Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to an employee of a Newco body if, immediately before the sale day, the employee was:
(a) a staff member of the Authority or the Chief Executive Officer of the Authority; and
(b) a person to whom deferred benefits were applicable under section 139 of the Superannuation Act 1976 .
(2) For the purposes of Division 3 of Part IX of the Superannuation Act 1976 , the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a Newco body.
(3) This section is subject to Division 3 of Part IX of the Superannuation Act 1976 .