Document ID: chunk:federal_register_of_legislation:C2024C00825:section:22d:p3
Version: federal_register_of_legislation:C2024C00825
Segment Type: section
Provision Reference: s 22D (pt 3/4)
Character Range: 81783–84238

whom section 69 applies, the sum of:
 (i) the total number of units of pension referred to in subparagraphs (i) and (ii) of paragraph (a) of this subsection; and
 (ii) the number of units of pension (other than units of pension so referred to) in respect of which his right referred to in section 68 was, under section 71 or section 72, commutable for new rights;
  is less than his initial unit entitlement; or
 (c) in the case of a pensioner in relation to whom paragraph (c) or paragraph (e) of subsection (1) of section 119H applied, the sum of:
 (i) the total number of units of pension referred to in subparagraphs (i) and (ii) of paragraph (a) of this subsection; and
 (ii) so many of the number of units of pension specified in relation to him in a determination by the Board under subparagraph (iii) or (iv) of paragraph (c) of subsection (3) of section 119J or paragraph (b) or (c) of subsection (2) of section 119K as are referable to the pension referred to in paragraph (c), or the deferred benefits referred to in paragraph (e), of subsection (1) of section 119H;
  is less than his initial unit entitlement.
 (4) A reference in subsections (1), (2) or (3) to the initial unit entitlement of an employee or pensioner:
 (a) shall, subject to paragraph (b), be read as a reference to the full unit entitlement of the employee or pensioner as at the time when he became a contributor to the Fund, or, if he became a contributor to the Fund after having previously ceased to be a contributor to the Fund, when he last became a contributor to the Fund; and
 (b) shall, in relation to an employee who is contributing to the Fund in accordance with Part VIA or VIIA or a pensioner who was, immediately before becoming a pensioner, so contributing to the Fund, be read as a reference to the number of units of pension for which, but for Parts VIA and XA or Parts VIIA and XA, as the case may be, he would have been liable to contribute to the Fund by virtue of section 20 at the time when he became an employee or, if he became an employee after having previously ceased to be an employee, when he last became an employee.
 (5) In the case of an employee or pensioner who made an election under section 24 that had the effect of reducing the number of units of pension ascertained in relation to him in accordance with subsection (2) of section 20, his initial unit entitlement shall be ascertained for the purposes of this section as if he had made