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Superannuation (CSS) Transfer Arrangements Regulations
Sch 5Modifications — Chairman of the Advanced Education Council
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Schedule 5 Modifications — Chairman of the Advanced Education Council
(regulation 8)
| Modifications | |
|---|---|
| Section | |
| 127 | Omit, substitute the following section: |
| ‘127In this Division, a reference to the prescribed person is a reference to the person who:(a) on 4 December 1984, holds the office of the Chairman of the Advanced Education Council and becomes an eligible employee by virtue of a direction given by the Commissioner under subsection 14 (1) of the Act; and(b) was, before so becoming an eligible employee, a member of the superannuation scheme constituted by the Superannuation Act, 1974 of the State of South Australia.’. | |
| 128 | Omit from subsection (1) all the words to and including ‘employment, and’, substitute ‘Where’.Omit from paragraph (1) (a) ‘the eligible employee’ and all the words from and including ‘amount of that transfer value’, substitute ‘the prescribed person’ and ‘aggregate of the amounts that were paid to him under sections 61 and 79 of the Superannuation Act, 1974 of the State of South Australia; and’ respectively. |
| Omit subsection (2), substitute the following subsection: | |
| ‘(2) The amount paid by the prescribed person to the Commissioner under subsection (1) shall be paid by the Commissioner into the Superannuation Fund and, for the purposes of this Act, that amount shall be deemed to be basic contributions paid by the person to the Commissioner under this Act.’. | |
| Omit subsections (3), (4), (5) and (6), substitute the following subsection:‘(3) There shall be added to the period that, but for this subsection, would be the period of contributory service of the prescribed person the period commencing on 1 February 1958 and ending at the expiration of 3 December 1984.’. | |
| 129 | Omit the section. |
| 130 | Omit, substitute the following section:130 Exemption from medical examination‘ Where the prescribed person, in accordance with subsection 128 (1), pays to the Commissioner the amount referred to in that subsection, section 16 does not apply in relation to the prescribed person.’. |