Victorian Current Acts

FINANCIAL SECTOR REFORM (VICTORIA) ACT 1999 - SECT 25

    (1)     This section applies if a person becomes an APRA employee under section 24.

    (2)     This section also applies if a person—

        (a)     is appointed to the Australian Public Service under section 81B(1) of the Public Service Act 1922 of the Commonwealth on or after the transfer date; and

        (b)     immediately before the appointment, the person was an employee of AFIC.

    (3)     If the person is the executive director of AFIC, the executive director's appointment under the AFIC Code immediately ends.

    (4)     If the person is another employee of AFIC, the employee's employment with AFIC immediately ends.

    (5)     A person is not entitled to receive any payment or other benefit, whether under a contract or otherwise, because the person's appointment or employment ends under this section.