84Application of Regulations to serving employees

84 Application of Regulations to serving employees

(1) Subject to this Part, the provisions of these Regulations apply to serving employees. (2) In the application of these Regulations to serving employees: (a) the period for which a contributor was, before the commencement of these Regulations, a contributor under the Superannuation Ordinance or any previous law of Papua or New Guinea relating to superannuation shall be deemed to be a period for which the employee was a contributor under these Regulations; and (b) wherever reference is made to the contributions of an employee, the reference shall include all contributions which have been made by him, before the commencement of these Regulations, under the Superannuation Ordinance or any previous law of Papua or New Guinea relating to Superannuation and the reserve value of which has been paid into the Superannuation Fund under the provisions of section 77 of the Superannuation Ordinance.