Commonwealth Numbered Regulations

1991 No. 22 SUPERANNUATION (FORMER HLIC EMPLOYEES) REGULATIONS - REG 3

3. (1)These Regulations apply to a person who:

   (a)  is a person to whom section 155B of the Act applies; and

   (b)  was, immediately before becoming such a person, a Corporation employee
        within the meaning of the
        Housing Loans Insurance Corporation (Sale of Assets  and Abolition)
        Act 1990 ; other than a person who:

   (c)  has not received an offer of the kind referred to in subsection 15 (1)
        of that Act; or

   (d)  has received such an offer but is a person to whom that subsection
        does not apply by reason of subsection 15 (2) of that Act.

(2) In its application to and in relation to a person to whom these
Regulations apply, the Act is modified as specified in the Schedule.