Document ID: chunk:federal_register_of_legislation:C2004A01816:body:0:p13
Version: federal_register_of_legislation:C2004A01816
Segment Type: other
Provision Reference: 
Character Range: 29720–32583

immediately before the death of the person or the retirement of the person by reason of which the second-mentioned certificate was issued."; and

     (l) by omitting from sub-section (13) "the Secretary to the Department of the Treasury" and substituting "the Permanent Head of the Department that deals with matters arising under this Act".

Investment of Fund
27. Section 42 of the Principal Act is amended by inserting after sub-section (5) the following sub-sections:
"(5a) Subject to sub-section (5b), the Trust and the Fund are not otherwise subject to taxation under a law of the Commonwealth or to taxation under a law of a State or Territory to which the Commonwealth is not subject.
"(5b) The regulations may provide that sub-section (5a) does not apply in relation to taxation under a specified law.

Leave of absence without pay
28. Section 51 of the Principal Act is amended—
     (a) by omitting from sub-section (1) "an eligible employee who" and substituting "a person who is, or at any time has been, an eligible employee and who, while an eligible employee,
     (b) by inserting after sub-section (1) the following sub-section:
     "(1a) A direction by the Minister for the purposes of sub-section (1) does not, unless expressly provided by the direction, apply to a period of leave that has been completed before the direction is given.'
     (c) by omitting from sub-section (2) "eligible employee in relation to whom the direction is given" and substituting "person on the leave, or on leave of a kind, to which the direction applies
     (d) by omitting from sub-section (3) "An eligible employee" (first occurring) and substituting "A person";
     (e) by omitting from sub-section (3) "an eligible employee" (last occurring) and substituting "a person"; and
     (f) by omitting from sub-section (3) "eligible employees" and substituting "persons".

Entitlement to age retirement benefit
29. Section 55 of the Principal Act is amended—
     (a) by omitting from sub-section (2) "or retirement on the ground of invalidity";
     (b) by omitting from sub-section (2) "sub-section (3)" and substituting "sub-sections (2a) and (3)"; and
     (c) by inserting after sub-section (2) the following sub-section:
     "(2a) Sub-section (2) does not apply to a person who ceases to be an eligible employee by reason of retirement on the ground of invalidity unless at the time that he ceases to be an eligible employee he has attained his maximum retiring age.".

Rate of standard age retirement pension
30. Section 56 of the Principal Act is amended by omitting from sub-section (4) "completed" and substituting "complete".

Rate of additional early retirement pension and amount of lump sum benefit
31. Section 61 of the Principal Act is amended by omitting sub-sections (3) and (4) and substituting the following sub-sections:

"(3) The factor