Commonwealth Consolidated Regulations

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SUPERANNUATION (CSS) TRANSFER ARRANGEMENTS REGULATIONS - REG 14

Application of the Act to certain persons who have received payments under section 80 of the Act or section 51 or 85 of the superseded Act

  (1)   This regulation applies to a person to whom section 126 of the Act applies if, before becoming, or last becoming, an eligible employee:

  (a)   the person received an amount under section 51 or 85 of the superseded Act by reason of the operation   of subsection 119Y (2) of that Act; or

  (b)   the person received an amount under section 80 of the Act by reason of the operation of subsection 141 (2) of the Act; or

  (c)   the person:

  (i)   received an amount under section 51 or 85 of the superseded Act; and

  (ii)   at the end of the period that, under subsection 119N   (1)                 of that Act, was the prescribed period in relation to the person, was employed in employment that, under subsection 119Q   (1) of that Act, was declared to be public employment in relation to the person or to the class of persons of which the person was a member; and

  (iii)   at the end of that period, was a member of a superannuation scheme (other than an eligible superannuation scheme) applicable to that employment; and

  (iv)   paid an amount equivalent to that amount to the person administering that scheme in exchange for benefits under that scheme; or

  (d)   the person:

  (i)   received an amount under section 80 of the Act; and

  (ii)   at the end of the period that, under subsection 131   (1) of the Act, was the prescribed period in relation to the person, was employed in employment that, under subsection 133 (1) of the Act, was declared to be public employment in relation to the person or to the class of persons of which the person was a member; and

  (iii)   at the end of that period, was a member of a superannuation scheme (other than an eligible superannuation scheme) applicable to that employment; and

  (iv)   paid:

  (A)   an amount equivalent to that amount; or

  (B)   if the person has an entitlement of a kind referred to in paragraph 141 (2) (c) of the Act to pay a lesser amount to the person administering that scheme   -- that lesser amount;

  to the person administering that scheme in exchange for               benefits under that scheme.

  (2)   In its application to and in relation to a person to whom this regulation applies, the Act is modified as specified in Schedule   11.



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