sec.183Particular new employers must pay superannuation into transferred employee’s existing scheme

sec.183 Particular new employers must pay superannuation into transferred employee’s existing scheme

This section applies if— the new employer is a subsidiary of a GOC; and immediately before the transfer day, the transferred employee was a member of a superannuation scheme (the employee’s existing scheme ). However, this section does not apply if the transferred employee and new employer have entered into an agreement about the superannuation arrangements for the employee. The new employer must ensure— the transferred employee’s membership in the employee’s existing scheme is not affected; and the superannuation contributions the employer is required to make for the employee are paid, for the benefit of the employee, into the employee’s existing scheme. (sec.183-ssec.1) This section applies if— the new employer is a subsidiary of a GOC; and immediately before the transfer day, the transferred employee was a member of a superannuation scheme (the employee’s existing scheme ). (sec.183-ssec.2) However, this section does not apply if the transferred employee and new employer have entered into an agreement about the superannuation arrangements for the employee. (sec.183-ssec.3) The new employer must ensure— the transferred employee’s membership in the employee’s existing scheme is not affected; and the superannuation contributions the employer is required to make for the employee are paid, for the benefit of the employee, into the employee’s existing scheme.

• (a) the new employer is a subsidiary of a GOC; and
• (b) immediately before the transfer day, the transferred employee was a member of a superannuation scheme (the employee’s existing scheme ).
• (a) the transferred employee’s membership in the employee’s existing scheme is not affected; and
• (b) the superannuation contributions the employer is required to make for the employee are paid, for the benefit of the employee, into the employee’s existing scheme.