Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_69:p11
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 69 (pt 11/17)
Character Range: 1815880–1818511

a Minister or the holder of an office mentioned in Schedule 1 to the Parliamentary Remuneration Tribunal Act 1975 (NSW) as the Act existed before 1 July 1990, before the commencement of the Parliamentary Remuneration Act 1989 (NSW)) up to and including the 30 June immediately before the relevant date.

7 Reduction factor
 (1) For step 6 of the method mentioned in clause 2, the reduction factor is:
 (a) if the requirements of Part 3 of the Regulations have been satisfied for the entitlement of only 1 spouse of the person, being an entitlement arising under a particular superannuation agreement, flag lifting agreement or splitting order that applies to the interest — the factor calculated in accordance with the formula mentioned in subclause (2); or
 (b) if the requirements of Part 3 of the Regulations have been satisfied for the entitlements of 2 or more spouses of the person, being entitlements each arising under a superannuation agreement, flag lifting agreement or splitting order that applies to the interest — the product of the factors calculated in accordance with the formula mentioned in subclause (2) for each entitlement; or
 (c) in any other case — 1.
 (2) For paragraphs (1) (a) and (b), each factor is calculated in accordance with the formula:

where:
NMProp is the quotient of:
 (a) the value of the spouse's entitlement under the agreement or order immediately before the requirements of Part 3 of the Regulations were satisfied; and
 (b) the gross value of the person's interest, immediately before those requirements were satisfied, determined in accordance with the method mentioned in clause 2.
CDs is the total number of days for which the person had been entitled to receive salary at the date when the requirements of Part 3 of the Regulations were satisfied.
CD is the total number of days for which the person had been entitled to receive salary at the relevant date.

               Subdivision 10.2.2 Reasons and assumptions about interest described in Subdivision 10.2.1

8 Reasons for payment of benefit
 (1) Each of the events mentioned in subclauses (2) to (7) is a reason for the purposes of:
 (a) step 1 of the method mentioned in clause 2; and
 (b) paragraph (a) of the definition of Bt,r in subclause 6 (1).
 (2) The person ceased to be a member, other than on the ground of incapacity, and was entitled to a pension under section 19 of the PCS Act.
 (3) The person, who first became a member after 6 December 1999, ceased to be a member and was entitled to a pension that would be deferred under section 19B of the PCS Act.
 (4) The person ceased to be a member and was entitled to