Document ID: chunk:federal_register_of_legislation:C1959A00020:body:0:p2
Version: federal_register_of_legislation:C1959A00020
Segment Type: other
Provision Reference: 
Character Range: 2589–5236

Act is repealed and the following section inserted in its stead:—

Benefits to members.
"18.—(1.) Subject to this Act, a member who ceases to be entitled to a parliamentary allowance shall be entitled to benefits from the Fund in accordance with this section.
"(2.) In the case of a member who does not retire voluntarily, the benefit shall be—
       (a) where—
             (i) he has attained the age of forty years before he ceases to be entitled to a parliamentary allowance; and
             (ii) his period of service is not less than eight years or he has, on at least three occasions (including occasions before the commencement of this section), ceased to be a member by reason of the dissolution or expiration of the House of which he was a member or by reason of the expiration of his term of office,
       a pension during his life-time at a rate ascertained in accordance with the scale set out in sub-section (6.) of this section; or
       (b) in any other case—a refund of his Contributions together with a payment of the Commonwealth supplement.

"(3.) Where a person has been appointed to hold the office of a senator by the Governor of a State under section fifteen of the Constitution, his ceasing to be a member upon the expiration of fourteen days after the beginning of the next session of the Parliament of the State, or upon the election of a successor, as the case may be, shall not be taken into account for the purposes of paragraph (a) of the last preceding sub-section.

"(4.) In the case of a member who retires voluntarily, the benefit shall be—
       (a) where—
            (i) he has attained the age of forty years before he ceases to be entitled to a parliamentary allowance; and
            (ii) his period of service is not less than twelve years,
       a pension during his life-time at a rate ascertained in accordance with the scale set out in sub-section (6.) of this section; or
       (b) in any other case—a refund of his contributions together with a payment of one-half of the Commonwealth supplement.
"(5.) A person who becomes entitled to a pension under this section may, unless he has, at the time he becomes so entitled, attained the age of fifty years, elect, as prescribed, to accept in lieu of the pension—
       (a) if he has not retired voluntarily—a refund of his contributions and a payment of the Commonwealth supplement; or
       (b) if he has retired voluntarily—a refund of his contributions and a payment of one-half of the Commonwealth supplement,
and in any such case the benefit to which he is entitled under this section shall be a refund and payment accordingly.
"(6.) The