24Transitional provisions relating to the SRC Act that relate to CSL body employees and former CSL body employees

24 Transitional provisions relating to the SRC Act that relate to CSL body employees and former CSL body employees

(1) The SRC Act continues to apply on and after the sale day in relation to: (a) injuries suffered by employees of a CSL body before the sale day; and (b) loss of, or damage to, property incurred by employees of a CSL body before the sale day; including employees who have stopped being employees of a CSL body before the sale day. (2) For the purposes of subsection (1), the SRC Act continues to apply as if: (a) the CSL body continues to be a Commonwealth authority; and (b) the chief executive officer of the CSL body (however described) continues to be the principal officer of a Commonwealth authority.