12Effect of transfers

12 Effect of transfers

12 Effect of transfers

(1) On transfer under this Part, a transferred member (except as provided by clause 13) ceases to have any entitlements, rights and obligations under the scheme from which the member was transferred to the extent to which the member is transferred.

(2) A right of appeal available to a transferred member before the transfer of the member under this Part in respect of a matter involving a dispute with the trustee of the member’s previous superannuation scheme, and not finally dealt with before the transfer day, is to be dealt with in accordance with procedures under the electricity superannuation scheme as if the dispute were with Energy Industries Superannuation Scheme Pty Ltd.

(3) A right of appeal available to a former member of or contributor to a FTC scheme or STC scheme in respect of a matter involving a dispute with the trustee of that scheme, and not finally dealt with before the transfer of assets and liabilities of the scheme in respect of the former member or contributor under clause 15 or 15A, is to be dealt with in accordance with procedures under the electricity superannuation scheme as if the dispute were with Energy Industries Superannuation Scheme Pty Ltd.

cl 12: Am 1.10.1999; 2004 No 10, Sch 2.1 [1].