Document ID: chunk:federal_register_of_legislation:C2022C00288:section:82za
Version: federal_register_of_legislation:C2022C00288
Segment Type: section
Provision Reference: s 82ZA
Character Range: 164817–165619

82ZA  Circumstances in which transfer value payable
 (1) Subject to this Division, where:
 (a) a person makes an election under section 82Z; and
 (b) within the period that is the prescribed period in relation to him, he:
 (i) becomes employed in public employment; and
 (ii) becomes a member of an eligible superannuation scheme that is applicable in relation to persons employed in that employment;
a transfer value in respect of the person is payable to the person administering that scheme.
 (2) This section does not apply in relation to a person unless the person administering the superannuation scheme agrees to accept the transfer value and, under the rules of the scheme, the first‑mentioned person will become entitled to retirement benefits under the scheme based upon the transfer value.