Queensland Consolidated Acts

GLADSTONE POWER STATION AGREEMENT ACT 1993 - SECT 27

27 Employees’ superannuation

(1) Regulations may be made under the Electricity Act amending the effect of the Articles of the Queensland Electricity Supply Industry Employees’ Superannuation Scheme and the Rules for the Queensland Electricity Industry Employer-funded Accumulations Superannuation Fund with respect to the benefits and entitlements and consequent functions of persons who—

(a) immediately before the completion of the sale of the Gladstone Power Station under the Power Station Sale Agreement, are employees of the Commission; and

(b) on the completion, become employees, other than of the Commission, at the Gladstone Power Station.

(2) Despite section 380 (1) of the Electricity Act 1976 , an employee—

(a) to whom the subsection applied; and

(b) who elected to transfer from the State Service Superannuation Fund to the State Public Sector Superannuation Scheme; and

(c) who has been excepted from the State Public Sector Superannuation Scheme under section 3.4 (4) of the Superannuation (State Public Sector) Act 1990 ; and

Editor’s note—

Section 3.4 (4) was renumbered as section 13 (4) under the Superannuation (State Public Sector) Act 1990 , section 4.18 .

(d) who is employed in the electricity supply industry;

becomes a member of the Queensland Electricity Supply Industry Employees’ Superannuation Scheme.