Industry Superannuation Fund after having been translated into the corresponding benefit entitlements under the governing instrument of the Water Industry Superannuation Fund. (3) From the date of becoming a member of the Water Industry Superannuation Fund under this section a person is entitled to receive benefits as a member of the Water Industry Superannuation Fund. 98 Provisions relating to transfer of assets and S. 98 inserted by liabilities No. 4/1996 s. 118. No stamp duty or other tax is payable under any Act in respect of anything done under section 96. 99 Transfer of members under section 4(1BA) of ESSA S. 99 inserted by No. 82/1996 (1) This section applies to an officer who elects to s. 66. transfer to the new scheme under section 4(1BA) of the Emergency Services Superannuation Act 1986. (2) Upon electing to transfer to the new scheme the officer becomes a member of the new scheme with a resignation benefit and an accrued retirement benefit calculated in accordance with Part 3 of the Emergency Services Superannuation Act 1986 and, if not adjusted in accordance with section 25A of that Act, adjusted in accordance with section 71B of this Act and certified by an actuary appointed by the Emergency Services Superannuation Board. (3) From the date of becoming a member of the new scheme the officer is entitled to receive benefits as a member of the new scheme.
Industry Superannuation Fund after having been translated into the corresponding benefit entitlements under the governing instrument of the Water Industry Superannuation Fund. (3) From the date of becoming a member of the Water Industry Superannuation Fund under this section a person is entitled to receive benefits as a member of the Water Industry Superannuation Fund. S. 98 inserted by No. 4/1996 s. 118. 98 Provisions relating to transfer of assets and liabilities No stamp duty or other tax is payable under any Act in respect of anything done under section 96. S. 99 inserted by No. 82/1996 s. 66. 99 Transfer of members under section 4(1BA) of ESSA (1) This section applies to an officer who elects to transfer to the new scheme under section 4(1BA) of the Emergency Services Superannuation Act 1986. (2) Upon electing to transfer to the new scheme the officer becomes a member of the new scheme with a resignation benefit and an accrued retirement benefit calculated in accordance with Part 3 of the Emergency Services Superannuation Act 1986 and, if not adjusted in accordance with section 25A of that Act, adjusted in accordance with section 71B of this Act and certified by an actuary appointed by the Emergency Services Superannuation Board. (3) From the date of becoming a member of the new scheme the officer is entitled to receive benefits as a member of the new scheme.
88-50a073.docx