Document ID: chunk:federal_register_of_legislation:C2012C00787:front:0:p1
Version: federal_register_of_legislation:C2012C00787
Segment Type: other
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Character Range: 0–2880

CFM Sale Act 1996

Act No. 58 of 1996 as amended

This compilation was prepared on 6 November 2012
taking into account amendments up to Act No. 136 of 2012

The text of any of those amendments not in force
on that date is appended in the Notes section

The operation of amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section

Prepared by the Office of Parliamentary Counsel, Canberra

Contents

Part 1—Preliminary
1 Short title [see Note 1]
2 Commencement [see Note 1]
3 Definitions

Part 2—Transfer of CFM subsidiaries to the Commonwealth
5 What this Part is about
Division 1—Subsidiaries
6 Subsidiaries to be established
7 CFM to transfer shares in subsidiaries to the Commonwealth
8 Exemption from stamp duty and other taxes
Division 2—Staff
9 Transfer of staff from CFM
10 Terms and conditions of transferred employees
11 Variation of terms and conditions of employment
12 Statement of accrued benefits
Division 3—Application of the Commonwealth Funds Management Limited Act 1990
13 Application of the Commonwealth Funds Management Limited Act 1990
14 Application of section 4
15 Application of section 15
16 Application of Part 4
17 Application of section 33
18 Application of section 34
19 Application of Part 8
Division 4—Application of other legislation
20 Approved authority—Superannuation Act 1976
21 Approved authority—Superannuation Act 1990
22 Commonwealth authority—Safety, Rehabilitation and Compensation Act 1988
23 Public authority of the Commonwealth—Long Service Leave (Commonwealth Employees) Act 1976

Part 3—Sale of CFM bodies
24 What this Part is about
Division 1—Preliminary
25 Sale day for CFM
26 Sale day for transferred body
Division 2—Long service leave
27 What this Division is about
Subdivision 2A—Preliminary
28 Definitions
29 References to Long Service Leave Act
30 Division not to affect an employee's post‑sale long service leave rights
Subdivision 2B—Long service leave for employees who attain at least 10 years service
31 What this Subdivision is about
32 Employees who attain 10 years service
33 Employees reaching minimum retiring age or being retrenched
34 Rate of salary
Subdivision 2C—Payments in lieu of long service leave
35 What this Subdivision is about
36 Employees who attain 10 years service
37 Employees reaching minimum retiring age or being retrenched
38 Employee stops employment because of ill‑health
39 Employee may request non‑payment or reduced payment
40 Rate of salary
Subdivision 2D—Payments on the death of an employee
41 What this Subdivision is about
42 Payments on death of an employee
Subdivision 2E—Long service leave credit
43 Employee's long service leave credit for the purposes of Subdivisions 2B and 2C
Subdivision 2F—Saving: Long Service Leave Act
44 Saving—Accrued rights under the Long Service Leave Act
Division 3—Superannuation
45