Schedule 1—Transitional provisions
In this Schedule—
principal Act means the Superannuation Act 1988 .
(1) A person—
(a) who
has, before the commencement of this subclause, resigned from employment in
circumstances that fall within the ambit of subsection (1) of
section 28A of the principal Act (as in existence immediately before that
commencement); and
(b) who
has not received any benefit under that section before the commencement of
this subclause,
will have 3 months from that commencement to make an election under this
subclause and if such an election is not made by the expiration of that period
then section 28 of the principal Act will apply to the person to the
exclusion of section 28A of the principal Act.
(2) A person to whom
section 39A of the principal Act applies—
(a) who
resigned or retired from employment before the commencement of this subclause;
and
(b) who
has not made an election under subsection (3)(b) of that section before
the commencement of this subclause,
will have 3 months from that commencement to make such election (so that
any election made after the expiration of that period by such a person will
have no effect).
(3) Section 40B of the
principal Act, as enacted by this Act, applies only to a person whose right to
the payment of a pension under the principal Act arises after the commencement
of this subclause.