Commonwealth Bank Sale Act 1995
7SRC Act continues to apply for previous injuries etc.
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Commonwealth Bank Sale Act 1995.
7 SRC Act continues to apply for previous injuries etc.
(1) The SRC Act continues to apply after the transfer time in relation to: (a) injuries suffered by employees of the Bank body before the transfer time; and (b) loss of, or damage to, property incurred by employees of the Bank body before the transfer time; including employees who have stopped being employees of the Bank body before the transfer time. (2) For the purposes of subsection (1), the SRC Act continues to apply as if: (a) the Bank body continued to be a Commonwealth authority; and (b) the chief executive officer (however described) of the Bank body continued to be the principal officer of a Commonwealth authority.