South Australian Numbered Acts

SOUTHERN STATE SUPERANNUATION (VISITING MEDICAL OFFICERS) AMENDMENT ACT 2003 (NO 59 OF 2003) - SECT 8

8—Amendment of Schedule 3—Transitional Provisions

Schedule 3—after clause 11 insert:

12         (1)         Subject to this clause, a transferred visiting medical officer is entitled (without being required to undergo a medical examination) to maintain the insurance cover the member enjoyed under the VMO Fund immediately prior to the repeal of the Superannuation (Visiting Medical Officers) Act 1993 (subject to any adjustments that would have occurred from time to time under the terms of that insurance).

        (2)         The insurance cover to which a transferred visiting medical officer is entitled under subclause (1)—

            (a)         will be in substitution for invalidity/death insurance under Part 3 Division 2 of this Act (and that Division will not apply while the insurance cover under subclause (1) is maintained); and

            (b)         will, if the transferred visiting medical officer has attained the age of 60 at the time he or she becomes a member of the scheme (but has not yet attained the age of 65)—

                  (i)         be available to the member despite the fact that he or she has attained the age of 60; and

                  (ii)         continue to be available to the member until he or she attains the age of 65; and

            (c)         will be subject to premiums, determined by the Board, being premiums that do not exceed the premiums the member was paying under the VMO Fund immediately before 1 July 2003.

        (3)         If a transferred visiting medical officer suffers from a medical condition or restriction relevant to the determination of his or her entitlements under the VMO Fund, any insurance cover to which he or she is entitled under subclause (1) may be subject to such authorised conditions as the Board thinks fit to impose.

        (4)         A transferred visiting medical officer may apply to the Board to cancel or vary the insurance cover provided by subclause (1) but, in such a case, the transferred visiting medical officer will then be subject to the operation of Part 3 Division 2 of this Act.

        (5)         Despite any other provision, if an entitlement to invalidity/death insurance under the VMO Fund in respect of a transferred visiting medical officer arises on or after 1 July 2003 and before the day on which the retrospective commencement of the Southern State Superannuation (Visiting Medical Officers) Amendment Act 2003 occurs, there will be no corresponding entitlement to insurance under subclause (1).

        (6)         In this clause—

"authorised condition" means a condition authorised by the regulations for the purposes of section 22(6);

"transferred visiting medical officer" means a visiting medical officer who, immediately before 1 July 2003, was a member of the VMO Fund;

"VMO Fund" means the SAHC Visiting Medical Officers Superannuation Fund established by a trust deed dated 24 February 1983.