New South Wales Consolidated Acts

SUPERANNUATION ACT 1916 - SECT 62A

62A Application of Part

(1) This Part applies to a contributor who transfers employment if:

(a) the contributor elects or is required to transfer employment otherwise than with an employer under this Act, and

(b) the Minister certifies that the transfer of employment is as a consequence of a Government privatisation initiative or other Government initiative.

(2) This Part applies to a contributor who transfers superannuation coverage if:

(a) the contributor, while remaining with his or her existing employer, elects or is required to become a contributor to another superannuation scheme, and

(b) the Minister certifies that the transfer of superannuation coverage is as a consequence of a Government privatisation initiative or other Government initiative.

(3) This Part applies to a contributor if the employer of the contributor ceases to be an employer under this Act because of an order under this Part.