State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003 (2003-339) (NSW)

State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003

Part 1 Preliminary

1 Name of Regulation This Regulation is the State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003.

2 Commencement This Regulation is taken to have commenced on 1 June 2003.

3 Definitions In this Regulation— former governing rules means the rules contained in the trust deed applying to the former scheme, as in force immediately before 1 June 2003. former member means a person who was a member of the former scheme at any time before 1 June 2003. former scheme means the superannuation scheme established under regulations published in Government Gazette No 144 of 15 November 1957 at page 311, and by trust deed dated 10 November 1999, known as the Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund and in relation to which Pacific Power was a trustee immediately before 1 June 2003. spouse of a transferred pensioner or former member means the surviving spouse (including widow or widower) of the transferred pensioner or former member. State Authorities Superannuation Scheme means the superannuation scheme constituted by the Act. the Act means the State Authorities Superannuation Act 1987. transferred pensioner means a person who was, immediately before 1 June 2003, entitled to receive a pension under the former scheme and who is transferred to the State Authorities Superannuation Scheme by the operation of clause 4.

Part 2 Transfer of pensioners to State Authorities Superannuation Scheme

4 Transfer of Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund pensioners to State Authorities Superannuation Scheme A person who was, immediately before 1 June 2003, entitled to receive a pension under the former scheme is, on and from that date, transferred to the State Authorities Superannuation Scheme and entitled to receive from STC a pension in accordance with this Regulation.