Document ID: chunk:federal_register_of_legislation:C1959A00102:front:0:p2
Version: federal_register_of_legislation:C1959A00102
Segment Type: other
Provision Reference: 
Character Range: 2534–5250

that person by the Commonwealth instead of from the Fund, and the Consolidated Revenue Fund is appropriated accordingly.
"(3.) A payment by the Commonwealth under the last preceding sub-section does not affect the liability of the Commonwealth to pay to the Fund an amount referred to in that sub-section.

Payments to be made at end of financial year.
"5c. Payments by the Commonwealth to the Fund (not being payments under section eleven a of this Act) shall be made on the last day of each financial year and on that day there shall be paid from the Fund to the Commonwealth an amount equal to the sum of the payments made by the Commonwealth under sub-section (2.) of the last preceding section during that financial year.".

Commencement and cessation of contributions.
8. Section twelve of the Principal Act is amended—
       (a) by omitting sub-sections (2.), (2a.) and (2b.) and inserting in their stead the following sub-sections:—
       "(2.) In respect of units of pension the initial contributions for which were made before the ninth day of August, One thousand nine hundred and thirty, the contributor shall, subject to this section, be liable to pay the contributions until immediately after the last fortnightly payment before he ceases to be an employee or before the anniversary of his initial contribution next preceding the attainment by him of the maximum age for retirement, whichever first happens.
       "(2a.) In respect of units of pension the initial contributions for which were or are made on or after the ninth day of August, One thousand nine hundred and thirty, the contributor shall, subject to this section, be liable, in respect of each unit of pension or fraction of a unit of pension, to pay the contributions until immediately after the last fortnightly payment before he ceases to be an employee or before the anniversary of his initial contribution in respect of that unit or fraction of a unit next preceding the attainment by him of the maximum age for retirement, whichever first happens.
       "(2b.) In the case of a contributor whose initial contribution in respect of a unit of pension or fraction of a unit of pension is made within twelve months before he attains the maximum age for retirement, twenty-six contributions at the fortnightly rates applicable to the contributor in respect of that unit or fraction shall be made before a pension in respect of superannuation as regards that unit or fraction becomes payable.
       "(2ba.) For the purposes of the last three preceding sub-sections, the initial contribution of an employee in respect of any additional unit of pension or fraction of a unit of pension shall be deemed to have been made on the date as