Document ID: chunk:federal_register_of_legislation:C1971A00046:body:0:p30
Version: federal_register_of_legislation:C1971A00046
Segment Type: other
Provision Reference: 
Character Range: 68745–71233

the date on which the person became a contributor to the Provident Account and ended on the date on which he ceased to be such a contributor, at the rate or rates applicable under sub-section (3.) of section ninety of this Act; and
          (ii) the Commonwealth shall pay to the Provident Account an amount equal to so much of the amount paid under the last preceding sub-paragraph as bears to that amount the same proportion as the employer component of the transfer value or the sum of the employer components of the transfer values bears to the transfer value or to the sum of the transfer values, as the case may be.
"(8.) The Board shall pay to the Commonwealth so much of the amount paid to the Board as is equal to the employer component of the transfer value or to the sum of the employer components of the transfer values, as the case may be.
"(9.) If—
     (a) under the superannuation scheme applicable in relation to any previous employment of the person, the whole or any part of the employer component of a transfer value was payable to the person upon the termination of that employment irrespective of whether he engaged in further employment; and
     (b) the person ceases to be a contributor to the Fund or to the Provident Account and—
          (i) in the case of a person who was a contributor to the Fund— a refund of the contributions paid by him to the Fund is payable to or in respect of him; or
          (ii) in the case of a person who was a contributor to the Provident Account—an amount equal to the contributions paid by him to the Provident Account together with compound interest on the amount of those contributions is payable to or in respect of him,
so much of the amount paid to the Commonwealth under the last preceding sub-section as is equal to the employer component of the transfer value or to that part of that employer component, as the case may be, together with, in the case of a person who was a contributor to the Provident Account, compound interest, in respect of the period that commenced on the date on which the person became a contributor to the Provident Account and ended on the date on which he ceased to be such a contributor, at the rate or rates applicable under sub-section (3.) of section ninety of this Act, is payable to or in respect of him out of the Fund or the Provident Account, as the case may be.

"(10.) Where an amount is payable out of the Fund or the Provident Account under the last preceding sub-section, the