7Deferred benefits under the Superannuation Act 1922

7 Deferred benefits under the Superannuation Act 1922

(1) This section applies in relation to an ASTA body if, immediately before the body’s sale day, an employee of the body was a person to whom deferred benefits were applicable under section 119W of the Superannuation Act 1922. (2) For the purposes of Division 3 of Part XA of the Superannuation Act 1922, the employee is taken to continue in public employment, on and after the body’s sale day, while the employee continues to be employed by any of the following: (a) the body; (b) if: (i) the body is a subsidiary of a particular body corporate (the parent entity); and (ii) another ASTA body is a subsidiary of the parent entity; the other ASTA body. (3) This section is subject to Division 3 of Part XA of the Superannuation Act 1922.