Document ID: chunk:federal_register_of_legislation:C2025C00134:section:251
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 251
Character Range: 873789–874450

251  Rights of beneficiary to rolled‑over benefits
 (1) If a fund has paid in accordance with old Part 24 to an eligible transitional fund an amount equal to the benefits of a beneficiary in the first‑mentioned fund:
 (a) the beneficiary ceases to have any rights against the first‑mentioned fund in respect of those benefits; but
 (b) has the corresponding rights against the eligible transitional fund in respect of those benefits.
 (2) For the purposes of this section, a mere contingent right to a death or disability benefit is taken not to be a right in respect of the first‑mentioned benefits.
 (3) Subsection (2) is enacted for the avoidance of doubt.