Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (44 of 1999)

Schedule 8   Transitional, saving and application provisions

Part 1   Transitional provisions relating to transfer from State and Territory regulatory regimes

Division 2   Transitional provisions relating to staff

4   Statement of accrued benefits

(1) A transfer agreement may determine that APRA is to be given a statement of the benefits to which a person who becomes an APRA employee as mentioned in item 2 has an accrued entitlement in respect of his or her position as a State or Territory employee.

(2) In any proceedings relating to subitem 3(2), the statement is prima facie evidence of the matters set out in the statement.

(3) Item 2 has effect in relation to the person even if the statement is not given as required.