3 Right to cease to be contributor under Part 6A
The Parliament of New Zealand enacts as follows:
(1) This Act is the Government Superannuation Fund Amendment Act (No 2) 2005.
(2) In this Act, the Government Superannuation Fund Act 1956 is called “the principal Act”.
“the principal Act”
This Act comes into force on the day after the date on which it receives the Royal assent.
Section 88HA of the principal Act is amended by inserting, after paragraph (a), the following paragraph:
“(aa) to transfer to the Police Superannuation Scheme (being the superannuation scheme registered with that name under Part 1 of the Superannuation Schemes Act 1989 on 20 November 1992) in accordance with those regulations; or”.
Section 97 of the principal Act is amended by inserting, after paragraph (b), the following paragraph:
“(ba) prescribing, for the purposes of section 88HA, the way in which any transfer value is to be determined and paid:”.