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Snowy Mountains Engineering Corporation Limited Sale Act 1993
24Saving—deferred benefits under the Superannuation Act 1976
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#### 24 Saving—deferred benefits under the Superannuation Act 1976
(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 139 of the Superannuation Act 1976.
(2) For the purposes of Division 3 of Part IX of the Superannuation Act 1976, an 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 IX of the Superannuation Act 1976.