CTHIn ForceAct
Snowy Mountains Engineering Corporation Limited Sale Act 1993
23Saving—deferred benefits under the Superannuation Act 1922
Start here
Get a plain-English read of 23
Turn the raw legal text into a practical explanation grounded in Snowy Mountains Engineering Corporation Limited Sale Act 1993.
#### 23 Saving—deferred benefits under the Superannuation Act 1922
(1) This section applies if, immediately before the sale day, an employee of a SMEC body was a person to whom deferred benefits were applicable under section 119W of the Superannuation Act 1922.
(2) For the purposes of Division 3 of Part XA of the Superannuation Act 1922, the employee is taken to continue in public employment on and after the sale day while the employee continues to be employed by a SMEC body.
(3) This section is subject to Division 3 of Part XA of the Superannuation Act 1922.