52IAEffect of contributor becoming a contributor to another scheme while employed by the same employer

52IA Effect of contributor becoming a contributor to another scheme while employed by the same employer

52IA Effect of contributor becoming a contributor to another scheme while employed by the same employer

(1) A contributor (other than a contributor who is an executive officer) who becomes a contributor to another superannuation scheme while employed by the same employer—

(a) is required to make provision for a benefit provided by this Division (section 52I excepted) despite anything to the contrary in this Division, and

(b) shall be regarded as having elected to make provision for that benefit on becoming a contributor to that other superannuation scheme, and

(c) is not entitled to elect to take the benefit provided by section 52I while employed by that same employer.

(2) Subsection (1) does not apply to an employee for whom additional pre-tax employer contributions are made to another superannuation scheme.

s 52IA: Ins 1988 No 133, Sch 2 (17). Am 1989 No 107, Sch 1; 1997 No 149, Sch 1.7 [6]; 1998 No 120, Sch 2.36; 1999 No 86, Sch 1.8 [11] (am 2000 No 53, Sch 3.25 [2]).