Document ID: chunk:federal_register_of_legislation:C1971A00046:body:0:p64
Version: federal_register_of_legislation:C1971A00046
Segment Type: other
Provision Reference: 
Character Range: 148772–151342

thousand nine hundred and seventy, and before the commencement of this Act—
     (a) a contributor to the Fund who had not attained the age of sixty years ceased to be such a contributor by reason of his resignation or discharge; or
     (b) a contributor to the Provident Account ceased to be such a contributor—
          (i) by reason of his resignation or discharge before he attains the age of sixty years; or
          (ii) by reason of his being allowed by the Board to contribute to the Fund under Part III. of this Act,
then, subject to this section, the Superannuation Act 1922–1971 applies in relation to him as if the amendments made by this Act had come into operation immediately before he ceased to be such a contributor.
(2.) Notwithstanding the last preceding sub-section, section 53 or 86 of the Superannuation Act 1922–1971 does not apply in relation to a person to whom that sub-section applies unless the person elects within twenty-one days after the commencement of this Act that that section shall apply in relation to him.
(3.) If—
     (a) a person makes an election under the last preceding sub-section that section 53 or 86 of the Superannuation Act 1922–1971 shall apply in relation to him; and
     (b) a payment has, or payments have, been made to the person under the Principal Act other than under Division 5 of Part III. of that Act,
the election does not have any effect unless an amount equal to the amount of the payment, or the sum of the amounts of the payments, is paid to the Fund or to the Provident Account, as the case may be, within seven days after the date of the election.
(4.) A person to whom sub-section (1.) of this section applies may make an election under section 119u of the Superannuation Act 1922–1971 within twenty-one days after the commencement of this Act.
(5.) The Board may, if it is satisfied that there are special circumstances that justify it in so doing, extend the period for the making of an election referred to in sub-section (2.) or sub-section (4.) of this section.

(6.) Sub-section (2.) of section 119y of the Superannuation Act 1922–1971 does not apply in relation to a person to whom sub-section (1.) of this section applies.
(7.) For the purposes of the application of Division 3 of Part Xa. of the Superannuation Act 1922–1971 in relation to a person to whom sub-section (1.) of this section applies, the prescribed period is the period that commenced on the day after he ceased to be a contributor to the Fund or to the Provident Account, as the case may be, and ends at the expiration of