NSWIn ForceAct
State Authorities Superannuation Act 1987
22Approval of application
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#### 22 Approval of application
22 Approval of application
> > (1) If STC approves an application made under section 20—
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> > > (a) STC shall appoint the day on and from which the applicant’s cover for the additional benefit is to commence and shall notify the applicant accordingly, and
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> > > (b) the applicant becomes, and remains, liable for payment of the additional benefit levy in accordance with subsection (2).
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> > (2) Payment by a contributor of the additional benefit levy—
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> > > (a) shall commence on a date appointed by STC and shall be made at a rate determined by STC and at times so determined,
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> > > (b) shall be effected by transfer from the contributor’s account, and
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> > > (c) shall cease when the contributor no longer has available to be taken into account any prospective benefit points.
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> **s 22:** Am 1996 No 39, Sch 4.