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Section : 41B Existing superannuation fund conditions
Domain : Human Resource Management
Classification : Not Identified
Text Content
- (1) This section applies to a person (in this section called the member ) if:
- (a) the person was a member of a superannuation fund immediately before the commencement of this section; and
- (b) unless the Commission has, under section 44, granted an exemption from the operation of this paragraph-before the commencement of this section, the person:
- (i) had been given an option to obtain non-discriminatory benefits; and
- (ii) had not exercised the option in accordance with subsection (5).
- (2) This section applies to a person (in this section also called the member ) if:
- (a) at any time before the commencement of this section, the person became a member of a superannuation fund; and
- (b) at a later time before that commencement, the person ceased to be a member of the fund. Compilation date: 14/10/2024