Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997
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Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997
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Turn the raw legal text into a practical explanation grounded in Superannuation Administration (Electricity Superannuation Scheme Transitional Provisions) Regulation 1997.
37 Automatic accrual of certain rights
(1) A person who by election rejoins the State Superannuation Scheme is taken to have met the medical requirements of Part 2A of the Superannuation Act 1916.
(2) A person who by election joins or rejoins Division D of the electricity superannuation scheme is taken to have met the medical requirements of clause 3 of Schedule 4 of the trust deed governing the electricity superannuation scheme.
(3) A person who was covered for additional benefits in Division B of the electricity superannuation scheme and who by election rejoins the State Authorities Superannuation Scheme is taken to have submitted an application for additional benefit cover under section 20 (1) of the State Authorities Superannuation Act 1987, and STC is taken to have approved that application.
(4) A person who was covered for additional benefits in the State Authorities Superannuation Scheme and who by election joins or rejoins Division B of the electricity superannuation scheme is taken to have submitted an application for additional benefit cover under subrule 3.2.1 of Schedule 2 to the trust deed governing that scheme, and the trustee of that scheme is taken to have approved that application.
(4A) A person who was a contributor to the Police Superannuation Scheme on or after 1 July 1997 and who by election joins Division B of the electricity superannuation scheme is taken to have submitted an application for additional benefit cover under subrule 3.2.1 of Schedule 2 to the trust deed governing that scheme, and the trustee of that scheme is taken to have approved that application.
(5) Additional benefit cover imputed by subclause (3), (4) or (4A) may be revoked in accordance with the rules of the relevant transferee scheme.
cl 37: Ins 1.10.1999. Am 13.12.2002.