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State Authorities Superannuation (Safe Food) Transitional Regulation 2002
4Preservation of accrued benefit without transferring it
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4 Preservation of accrued benefit without transferring it
4 Preservation of accrued benefit without transferring it
If a contributor, within the election period:
(a) exercises his or her entitlement to make provision for a preserved benefit, and
(b) does not exercise the entitlement conferred by clause 3 of Schedule 5 to the Act,
the benefit is to be preserved in accordance with section 43 of the Act from and including the date on which the contributor becomes an employee of Meat & Livestock Australia.