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Superannuation (CSS) Transfer Arrangements Regulations
Sch 1Modifications — Chairman of the Tertiary Education Commission
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Schedule 1 Modifications — Chairman of the Tertiary Education Commission
(regulation 4)
| Modifications | |
|---|---|
| Section | |
| 127 | Insert after subsection (1) the following subsection: |
| ‘(1A) In the application of this Division to and in relation to the eligible employee who, on 7 July 1977, holds the office of the Chairman of the Tertiary Education Commission:(a) his employment by the Commonwealth before becoming an eligible employee shall be deemed to have been terminated on 6 July 1977 otherwise than on the ground of invalidity or of physical or mental incapacity to perform the duties of the employment; and(b) he shall be deemed, thereupon, to have become entitled, in accordance with paragraph 17 (b) of the agreement made on 22 December 1971 between him and the Commonwealth constituting the superannuation scheme applicable in relation to that employment by the Commonwealth, to have the life policies referred to in that paragraph transferred to him by the Commonwealth.’. | |
| 128 | Omit from subsection (5) ‘There shall be added’, substitute ‘Subject to subsection (5A), there shall be added’. |
| Insert after subsection (5) the following subsection: | |
| ‘(5A) Upon the eligible employee referred to in subsection 127 (1A) ceasing to be an eligible employee or, if he ceases to be an eligible employee on more than one occasion, upon his first ceasing to be an eligible employee, there shall be added to the period that, but for this subsection, would be his period of contributory service, the period that commenced on2 May 1949 and ended on 6 July 1977.’. | |
| 145 | Omit from subparagraph (i) of paragraph (a) of subsection (1) ‘or’. |
| Insert after subparagraph (ii) of paragraph (a) of subsection (1) the following word and subparagraph:‘or;(iii) the superannuation scheme referred to in paragraph 127 (1A) (b);’. |