National Cultural Institutions (National Concert Hall) Act 2015

Superannuation

20. (1) Any superannuation benefits awarded to or in respect of a person—

(a) transferred in accordance with section 32 , and

(b) to whom the Single Public Service Pension Scheme does not apply by virtue of Chapter 2 of Part 2 of the Public Service Pensions (Single Scheme and Other Provisions) Act 2012 ,

shall be subject to such terms and conditions as are not less favourable to him or her than the terms and conditions in relation to the grant of such benefits under the superannuation scheme or arrangement that immediately before the establishment day apply to, or in respect of, that person.

(2) The pension payments and other superannuation liabilities of the National Concert Hall Company in respect of its former officers or employees shall become, on the establishment day, the liabilities of the NCH.