New South Wales Repealed Regulations

This legislation has been repealed.

STATE AUTHORITIES SUPERANNUATION (SYDNEY PORTS PILOTAGE SERVICE EMPLOYEES) TRANSITIONAL REGULATION 1992 - REG 4

4 Transfer of preserved benefit to a Sydney Ports Pilotage Service Superannuation Fund

(1) If:

(a) a contributor exercises the contributor's entitlement to make provision for a preserved benefit in the SAS Fund, and

(b) the contributor is therefore entitled to be paid that benefit in accordance with clause 3 (1) of Schedule 5 to the Act on ceasing to be a contributor, and

(c) the contributor exercises the entitlement on or before 26 April 1993,

the Board is required to pay that benefit to whichever of the Sydney Ports Pilotage Service Superannuation Funds is appropriate to the contributor.

(2) The payment must be made as soon as practicable after the exercise of the entitlement.

(3) The exercise of an entitlement to make provision for a preserved benefit on or before 26 April 1993 is taken to have had effect on and from 26 October 1992.