CTHIn ForceAct
Superannuation Act 1990
33DTransfer of assets etc. to approved superannuation schemes
Start here
Get a plain-English read of 33D
Turn the raw legal text into a practical explanation grounded in Superannuation Act 1990.
#### 33D Transfer of assets etc. to approved superannuation schemes
CSC must, at such times as CSC determines, transfer to the person or body administering an approved superannuation scheme:
(a) such assets of the PSS Fund (including investment assets of the PSS Fund) as are determined by CSC to be assets that fairly and equitably represent the accumulated funded contributions of those persons who:
(i) have become members of the approved superannuation scheme within such period as, in relation to each of those persons, has been determined under subsection 33C(2); and
(ii) immediately before becoming such members, were members of the Public Sector Superannuation Scheme; and
(b) such liabilities (if any) (including investment liabilities of the PSS Fund) as are determined by CSC to be liabilities relating to those assets.