The Act and the provision of the Act specified in Schedule 9 apply subject to the modification specified in that Schedule to and in relation to the person who:
(a) on 1 February 1989, holds the office of the Chairperson of the National Board of Employment, Education and Training and becomes an eligible employee by virtue of a direction given by the Commissioner under subsection 14 (1) of the Act; and
(b) was, before so becoming an eligible employee, a member of the Superannuation Scheme for Australian Universities.