Document ID: chunk:federal_register_of_legislation:F2011C00466:reg:141:p13
Version: federal_register_of_legislation:F2011C00466
Segment Type: reg
Provision Reference: reg 141 (pt 13/15)
Character Range: 57459–60343

taken, under subsection 58 (3B) to have retired involuntarily; or".

7 Paragraph 110R (4) (b):

  Omit the paragraph.

Schedule 12 Modifications — employees of services etc sold, privatised etc who cease to be eligible employees before 1 July 1995
(subregulation 16 (1))

1 Section 139 (Circumstances in which person entitled to deferred benefits)

1.1  Paragraph 139 (1) (b):

 Omit "5 years' ", substitute "1 year's."

1.2  Subparagraph 139 (2) (b) (i):

 Omit "5 years' " , substitute "1 year's".

1.3  Subparagraph 139 (2) (c) (i):

 Omit the subparagraph, substitute:
 "(i) the person's 55th birthday; and".

1.4  Subsections 139 (3), (4), (6) and (7):

 Omit the subsections.

2 Section 141 (Certain former eligible employees not entitled to benefits under Division)

2.1 Omit the section.

Schedule 12A Modifications — employees of services etc sold, privatised etc who cease to be eligible employees on or after 1 July 1995
(subregulation 16 (2))

1 Subsection 138 (3):

  Omit the subsection, substitute:

          "(3) Paragraph 2 (c) does not apply unless the person will have reached the 55th anniversary of his or her birth by the date so selected.".

Schedule 13 Arrangements for Qantas employees
(subregulation 15B (6))

1 Section 55 (Entitlement to age retirement benefit)

      1.1Subsection 55 (2):

  Omit "subject to subsections (2A) and (3)", insert "subject to subsections (2A), (2B) and (3)".

1.2 After subsection (2A), insert:

            "(2B) Subsection (2) does not apply to:
              (a) a person who attains the age of 60 years before the day on which the Commonwealth ceases to have a controlling interest in Qantas Airways Limited and who ceases to be an eligible employee because the Commonwealth ceases to have a controlling interest in Qantas Airways Limited; and
              (b) a person who attains the age of 60 years before the day on which the Commonwealth ceases to have a controlling interest in a subsidiary of Qantas Airways Limited and who ceases to be an eligible employee because the Commonwealth ceases to have a controlling interest in that subsidiary.".

2 Section 55A (Accrual of benefits to be subject to SIS Act)

2.1 Omit the section.

3 Section 58 (Early retirement — voluntary or involuntary retirement)

3.1 Paragraph 58 (2) (b):

  Omit the paragraph, substitute:
 "(b) on or after the person attains the minimum retiring age but before the person attains the age of 60 years, the person ceases to be an eligible employee by reason that the person retires at the person's own request or the person resigns;".

4 Section 111A (Relationship between this Act and SIS Act)

4.1 Omit the section.

Schedule 14 Modification — participation in approved superannuation schemes
(regulation 17)

1 Section 240 (Transfer of assets etc to approved superannuation schemes)

1.1 Omit subparagraphs 240 (1) (a)