New South Wales Consolidated Acts

STATE BANK OF SOUTH AUSTRALIA (TRANSFER OF UNDERTAKING) ACT 1994 - SECT 14

14 Transfer of staff

(1) The New South Wales Treasurer may, with the concurrence of the South Australian Treasurer, by order in writing, transfer staff from the employment of SBSA or a SBSA subsidiary to the employment of BSAL.

(2) A transfer under this section does not:

(a) affect the employee’s remuneration, or

(b) prejudice the employee’s existing or accruing rights to recreation leave, sick leave or long service leave, or

(c) interrupt continuity of service, or

(d) constitute a retrenchment or redundancy.

(3) A transfer under this section does not give rise to any right to damages or compensation.