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SUPERANNUATION ADMINISTRATION CORPORATION (PILLAR) (AUTHORISED TRANSACTION) ACT 2016 - SECT 18
Continuity of entitlements of transferred employees
(1) On the transfer by order under this Part of an employee's employment from
one employer (the
"current employer" ) to another employer (the
"new employer" ) the following provisions have effect: (a) the employee is
entitled to continue as a contributor, member or employee for the purposes of
any superannuation scheme in respect of which he or she was a contributor,
member or employee (as an employee of the current employer) immediately before
the transfer of employment and remains so entitled subject to any variation to
that entitlement made either by agreement or otherwise in accordance with law,
(b) the new employer is taken to be an employer for the purposes of any
superannuation scheme in respect of which the employee continues as a
contributor, member or employee pursuant to an entitlement under this section,
(c) the continuity of the employee's contract of employment is taken not to
have been broken by the transfer of employment, and service of the employee
with the current employer (including service deemed to be service with the
current employer) that is continuous service up to the time of transfer is
taken for all purposes to be service with the new employer,
(d) the employee
retains any rights to sick leave, annual leave or extended or long service
leave accrued or accruing immediately before the transfer (except accrued
leave for which the employee has, on ceasing to be an employee of the
current employer, been paid the monetary value in pursuance of any other
entitlement of the employee).
(2) The Treasurer may in connection with the
operation of this Part give a certificate in writing as to the extent of the
accrued rights to annual leave, extended or long service leave or sick leave
that are retained by the employee under this Part, and such a certificate is
evidence of the matters certified.
(3) Nothing in the Long Service Leave Act
1955 prevents payment in connection with the transfer under this Act of the
employment of an employee to the employment of a private sector entity of the
monetary value of long service leave in lieu of an entitlement to that leave
accrued as a Pillar employee before the transfer of the employee's employment.
(4) An employee is not entitled in respect of the same period of service to
claim a benefit under this Act and another law or instrument.
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