Document ID: chunk:federal_register_of_legislation:C2004A01816:body:0:p23
Version: federal_register_of_legislation:C2004A01816
Segment Type: other
Provision Reference: 
Character Range: 54349–57056

but his accumulated basic contributions shall be paid out of the Superannuation Fund into the Consolidated Revenue Fund.

     "(9) Where—
         (a) a deferred benefit by way of invalidity pension is payable to a person in accordance with section 67 or 70; and
         (b) the deferred benefit is cancelled under sub-section 76(1) or 143(2),
     an amount equal to the amount that was paid in respect of the person out of the Superannuation Fund into the Consolidated Revenue Fund upon that deferred benefit becoming payable to him shall be paid to the Superannuation Fund out of the Consolidated Revenue Fund, which is appropriated accordingly.

Modification of Act in relation to eligible employees who were previously members of a superannuation scheme
45. Section 126 of the Principal Act is amended by omitting from sub-section (1) "immediately" and substituting "at any time".

Payment of transfer values to Commissioner
46. Section 128 of the Principal Act is amended by omitting sub-section (4) and substituting the following sub-section:
"(4) If, upon the person ceasing to be an eligible employee, a lump sum benefit becomes payable to or in respect of him under section 80 or 111 and the amount, or a part of the amount, paid into the Consolidated Revenue Fund in respect of him under paragraph (2)(b) of this section is an amount that, whether or not he engaged in further employment, was payable to him upon the termination of his previous employment under a superannuation scheme applicable to that employment, there is payable to or in respect of the person an additional lump sum benefit of an amount equal to that last-mentioned amount.".

Eligible employment
47. Section 132 of the Principal Act is amended—
     (a) by omitting from sub-paragraph (i) of paragraph (c) of sub-section (1) "to" (last occurring) and substituting "of";
     (b) by adding at the end of paragraph (a) of sub-section (3) "and an amount that was based, or included an amount based, on that lump sum was not paid to or in respect of the person under this Act or, if such an amount was paid to or in respect of the person under this Act, an amount that was based, or included an amount based, on that lump sum was later paid to the Commissioner in accordance with paragraph 128(1)(a)"; and
     (c) by omitting sub-sections (4), (5) and (6) and substituting the following sub-sections:
     "(4) Paragraph (1)(c) does not apply in relation to a period of employment of a person by reason of the operation of sub-paragraph (1)(c)(i) unless an amount equal to the lump sum referred to in that sub-paragraph, or an amount that included an amount based on that lump sum, was paid to the Commissioner in accordance