SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) 1981 NO. 4 

SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) 1981 NO. 4 
- TABLE OF PROVISIONS

1. Commencement  
2.  
3. Schedule 1  
4. Schedule 3  


1981 No. 4 SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) -
REG 1
Commencement


  1. These Regulations shall come into operation on 1 February 1981.


1981 No. 4 SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) -
REG 2


  2. The Superannuation (Transfer Arrangements) Regulations are amended by
inserting after regulation 5 the following regulation:
Application of Act to certain employees of Anglo-Australian Telescope Board
  "6. The Act and the provisions of the Act specified in Schedule 3 apply
subject to the modifications specified in Schedule 3 to and in relation to
those persons to whom section 126 of the Act applies who-
  (a)  become, on 1 February 1981, eligible employees;
  (b)  are, on that day, employed by the Anglo-Australian Telescope Board;
and
  (c)  were, immediately before so becoming eligible employees, members of the
superannuation scheme known as the Anglo-Australian Telescope Project Staff
Superannuation Fund.".



1981 No. 4 SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) -
REG 3
Schedule 1


  3. Schedule 1 to the Superannuation (Transfer Arrangements) Regulations is
amended by omitting "this provision" from the modification specified in
relation to section 127 and substituting "this Division".


1981 No. 4 SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS (AMENDMENT) -
REG 4
Schedule 3


  4. The Superannuation (Transfer Arrangements) Regulations are amended by
adding at the end thereof the following Schedule:
                                  SCHEDULE  3
                                                                    Regulation
6 
                   MODIFICATIONS-CERTAIN  EMPLOYEES  OF  THE
                       ANGLO-AUSTRALIAN  TELESCOPE  BOARD
------------------------------------------------------------------------------
-- 
           Modifications
------------------------------------------------------------------------------
-- 
Section
  127      Insert after sub-section (1) the following sub-section:
             "(1C) In the application of this Division to and in relation to
a
           person who-
             (a)  becomes an eligible employee on 1 February 1981;
             (b)  is, on that day, employed by the Anglo-Australian Telescope
           Board; and
             (c)  was, immediately before so becoming an eligible employee, a
           member of the superannuation scheme known as the Anglo-Australian
           Telescope Project Staff Superannuation Fund,
           his employment by the Anglo-Australian Telescope Board before
           becoming an eligible employee shall be deemed to have been
           terminated on 31 January 1981 otherwise than on the ground of
           invalidity or of physical or mental incapacity to perform the
           duties of his employment."
  128      Omit sub-section (5).
           Insert before sub-section (6) the following sub-sections:
             "(5D) Upon an eligible employee referred to in sub-section 127
           (1C) 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, thereshall be added to the period
that,
           but for this sub- section, would be his period of contributory
           service a period equal to-
             (a)  the period that is the quotient, expressed in years and
           fractions of ayear, of the number of whole dollars contained in
the
           employer component of the transfer value payable under the
           Anglo-Australian Telescope Project Staff Superannuation Fund in
           respect of the eligible employee divided by the number of whole
           dollars contained in the amount that is equal to 121/2 per cent of
           the annual rate of salary of the employee on 1 February 1981; or
             (b)  the period during which the eligible employee was a member
           of the Anglo-Australian Telescope Project Staff Superannuation
Fund,
           whichever is the lesser period.
             "(5E) Where an eligible employee referred to in sub-section 127
           (1C) is onleave of absence without pay on 1 February 1981, a
           reference in sub-section (5D) to the annual rate of salary of the
           eligible employee on that date shall be read as a reference to the
           annual rate of salary that would have been payable to the employee
           on that date if the employee had not been on leave.".
  130      Omit the section.
  145      Omit the section.


- NOTES


1981 No. 4*1* SUPERANNUATION (TRANSFER ARRANGEMENTS) REGULATIONS*2*
(AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 29 January 1981.
*2* Statutory Rules 1978 No. 255 as amended by 1980 No. 257.