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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.
5A Transfer of certain employees only of Pacific Power
(1) Despite clause 5 (1), a person who is an employee of Pacific Power is transferred from a superannuation scheme referred to in clause 6, 7, 8, 9 or 10 to the electricity superannuation scheme by operation of that clause only if:
(a) the person is an employee who was, immediately before 5 December 1997, seconded to the Snowy Mountains Hydro-electric Authority or working on the Snowy Mountains Hydro-electric Scheme or employed in connection with the trading of electricity generated by the Scheme, and
(b) the person is approved by the Minister for the purposes of this clause, or is a member of a class of persons approved by the Minister for the purposes of this clause.
(2) In this clause:
Snowy Mountains Hydro-electric Authority means the Snowy Mountains Hydro-electric Authority referred to in the Snowy Mountains Hydro-electric Power Act 1949 of the Commonwealth.
cl 5A: Ins 28.11.1997.