State Authorities Superannuation (Government Railways Superannuation Scheme Transfer) (Savings and Transitional) Regulation 1990
7Application of certain definitions to transferred contributors
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7 Application of certain definitions to transferred contributors
7 Application of certain definitions to transferred contributors
(1) For the purpose of applying the definition of accrued benefit points in section 36 of the later Act (definitions) to a transferred contributor, that definition is to be read as if the reference in it to contributed points figures included a reference to the number of transfer points described in clause 8.
(2) For the purpose of applying the later Act to a transferred contributor, such a contributor’s entry date is to be taken to be a notional date established by subtracting from the transfer date the number of days of service during which contributions to the Government Railways Superannuation Account were paid and in respect of which contributions were held on the day before the transfer date.
(3) For the purpose of applying the definition of final average salary in section 36 of the later Act to a transferred contributor, that definition is to be read as if the transferred contributor had become a new contributor to the SAS Fund on the transfer date.
(4) For the purpose of applying the definition of prospective benefit points in section 36 of the later Act to a transferred contributor, that definition is to be read as if the transferred contributor had become a new contributor to the SAS Fund on the transfer date.