New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]
NEW SOUTH WALES RETIREMENT BENEFITS ACT 1972 - SECT 10
Certain employees may elect to contribute to the Fund
10 Certain employees may elect to contribute to the Fund
(1) Subject to section 3 (9), on the day on which an employee completes twelve
months’ service on or after the appointed day he may, if he has not attained
the age of sixty years, elect to contribute to the Fund unless he is a person
who will become a contributor pursuant to section 11 or a person referred to
in section 12 (2) or 12 (3).
(2) Where an employee was, immediately before he
became an employee, a participant in a superannuation scheme by virtue of his
employment he shall, for the purposes of subsection (1), be deemed to have
completed twelve months’ service: (a) on the day on which he became an
employee, or
(b) on the day that is twelve months later than the day on which
he took up the employment by virtue of which he became a participant in the
superannuation scheme,
whichever is the later day.
(3) Where a person who
becomes an employee by virtue of an election under section 3 (10) had
completed more than nine months’ service at the time he first became
entitled to make that election, subsection (1) applies to him as if he had
completed nine months’ service at that time.
(4) An employee who makes an
election under this section shall contribute to the Fund on and from a day
determined by the Board, being a day that is not earlier than the day on
which, pursuant to subsection (1), he is entitled to make the election.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[History]
[Help]