Document ID: chunk:federal_register_of_legislation:C1965A00154:section:60:p1
Version: federal_register_of_legislation:C1965A00154
Segment Type: section
Provision Reference: s 60 (pt 1/4)
Character Range: 318167–326236

60                 1.13

First Schedule—continued
"Sixth Schedule—continued
Table XVII.
   Reduction in Fortnightly Rates of Contribution payable on or after 1st July, 1962, by Male Contributors for Units of Pension to which Section 23 (3.) (a) applies, based on the age next birthday of the contributor when the Obligation to Contribute for those Units came into existence.

Column 1                      Column 2
Age next Birthday             Reduction in Contribution for each Additional Unit, based on a Retiring Age of—
65 Years                      60 Years
                              $                                                                                $
15..........................  0.03                                                                             0.05
16..........................  0.03                                                                             0.04
17..........................  0.03                                                                             0.04
18..........................  0.03                                                                             0.04
19..........................  0.04                                                                             0.04
20..........................  0.03                                                                             0.04
21..........................  0.02                                                                             0.04
22..........................  0.03                                                                             0.04
23..........................  0.03                                                                             0.04
24..........................  0.03                                                                             0.05
25..........................  0.03                                                                             0.05
26..........................  0.03                                                                             0.05
27..........................  0.04                                                                             0.06
28..........................  0.04                                                                             0.05
29..........................  0.04                                                                             0.06
30..........................  0.05                                                                             0.06
31..........................  0.05                                                                             0.07
32..........................  0.05                                                                             0.07
33..........................  0.05                                                                             0.06
34..........................  0.05                                                                             0.06
35..........................  0.05                                                                             0.07
36..........................  0.05                                                                             0.07
37..........................  0.06                                                                             0.08
38..........................  0.06                                                                             0.08
39..........................  0.06                                                                             0.08
40..........................  0.07                                                                             0.08
41..........................  0.06                                                                             0.08
42..........................  0.06                                                                             0.08
43..........................  0.06                                                                             0.09
44..........................  0.07                                                                             0.10
45..........................  0.08                                                                             0.10
46..........................  0.08                                                                             0.11
47..........................  0.08                                                                             0.12
48..........................  0.08                                                                             0.12
49..........................  0.08                                                                             0.14
50..........................  0.09                                                                             0.16
51..........................  0.10                                                                             0.18
52..........................  0.10                                                                             0.20
53..........................  0.12                                                                             0.23
54..........................  0.12                                                                             0.28
55..........................  0.13                                                                             0.32
56..........................  0.16                                                                             0.40
57..........................  0.18                                                                             0.52
58..........................  0.19                                                                             0.78
59..........................  0.23                                                                             1.54
60..........................  0.28                                                                             1.41".
61..........................  0.33
62..........................  0.44
63..........................  0.66
64..........................  1.33
65..........................  1.13

                      SECOND SCHEDULE Section 5.
Amendments of the Principal Act
Provisions amended    Amendments
Section 7...........     Omit from paragraph (c) of sub-section (2.) "Three pounds fifteen shillings", insert "three and three-quarters".
                         Omit from paragraph (b) of sub-section (2a.) "Three pounds fifteen shillings", insert "three and three-quarters".
Section 12..........     Omit from sub-section (3.) "Three pounds fifteen shillings", insert "three and three-quarters".
Section 17..........     Omit from sub-section (2a.) "Three pounds fifteen shillings", insert "three and three-quarters".
Section 20..........     Omit from sub-paragraph (i) of paragraph (a) of sub-section (2.)

                         Omit from sub-paragraph (ii) of paragraph (a) of sub-section (2.)

                         Omit from sub-paragraph (ii) of paragraph (b) of sub-section (2.) "One thousand three hundred pounds", insert "Two thousand six hundred dollars".
                         Omit from sub-section (3.) "pounds" (wherever occurring), insert "dollars".
                         Omit from sub-section (3.) "sixty-five", insert "one hundred and thirty".
                         Omit from sub-section (3.) "one hundred and fourteen", insert "two hundred and twenty-eight".
Section 22..........     Omit from paragraph (c) of sub-section (1.) "Two thousand seven hundred and thirty pounds "and "Sixty-five pounds", insert "Five thousand four hundred and sixty dollars" and "One hundred and thirty dollars", respectively.
Section 23..........     Omit from sub-section (2.) "Sixpence", insert "Five cents".
Section 42..........     Omit from sub-section (1.) "Forty-five pounds ten shillings", insert "Ninety-one dollars".
Section 46..........     Omit from paragraph (b) of sub-section (1.) "One hundred and four pounds", insert "Two hundred