Financial Sector Reform (New South Wales) Act 1999
33Effect of transfer to APRA or Australian Public Service
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33 Effect of transfer to APRA or Australian Public Service
33 Effect of transfer to APRA or Australian Public Service
(1) This section applies:
(a) if a person becomes an APRA employee under section 32, or
(b) if:
(i) a person is appointed to the Australian Public Service under section 81B (1) of the Public Service Act 1922 of the Commonwealth on or after the transfer date, and
(ii) immediately before the appointment, the person was a FINCOM employee.
(2) The employee’s employment with FINCOM immediately ends.
(3) A person is not entitled to receive any payment or other benefit, whether under a contract or otherwise, because the person’s appointment or employment ends under this section.