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PARLIAMENTARY SUPERANNUATION LEGISLATION (REFORM) ACT 2004 (NO 78 OF 2004) - SECT 3

Section 14A substituted—Closure of existing benefits scheme

For section 14A of the Parliamentary Salaries and Superannuation Act 1968 substitute —

        "14A.     Application of Division

    (1)     This Division does not apply to, or in respect of, a member to whom Division 3 of this Part or Part 4 applies.

    (2)     If this Division applies to, or in respect of, a member immediately before the commencement of section 3 of the Parliamentary Superannuation Legislation (Reform) Act 2004 , the entitlements of that member are to be determined in accordance with this Division if—

        (a)     subject to paragraph (b), the person continues to be a member and after ceasing to be member does not subsequently become a member to whom Part 4 applies; or

        (b)     the person ceases to be a member as a result of resigning as a member of a House of the Parliament and is elected as a member of the other House of the Parliament within 3 months after the resignation.".


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