State Authorities Non-contributory Superannuation Act 1987
25Preservation of benefit
Start here
Get a plain-English read of 25
Turn the raw legal text into a practical explanation grounded in State Authorities Non-contributory Superannuation Act 1987.
25 Preservation of benefit
25 Preservation of benefit
(1) Any amounts preserved by STC under this Act shall be preserved in such funds, accounts or reserves as STC determines, whether established under this Act or the Superannuation Administration Act 1996 or for the purposes of any other superannuation scheme administered by STC.
(2) Any such preserved amounts payable by STC under this Act shall be paid from the appropriate fund, account or reserve referred to in this section.
s 25: Am 1991 No 96, Sch 6; 1996 No 39, Sch 4.