Commonwealth Numbered Acts

SUPERANNUATION LEGISLATION AMENDMENT ACT 1992 No. 187, 1992 - SECT 16

16. Section 58 of the Principal Act is amended:

   (a)  by inserting after subsection (3) the following subsection:

"(3A) Subsection (3) does not apply to a person who ceases to be eligible
employee in circumstances connected with the sale or transfer of an
organisation, business, service or asset, or the transfer of a function, if
the person, before ceasing to be an eligible employee:

   (a)  accepted an offer of employment by the purchaser or transferee in
        connection with the organisation, business, service, asset or function
        and becomes employed accordingly; or

   (b)  rejected such an offer of employment that was equivalent employment to
        the position or office the person held immediately before ceasing to
        be an eligible employee.";

   (b)  by adding at the end the following subsection:

"(5) If the question arises whether employment mentioned in paragraph (3A)(b)
is equivalent employment, the Minister may determine the matter.".