Document ID: chunk:federal_register_of_legislation:C1971A00046:body:0:p59
Version: federal_register_of_legislation:C1971A00046
Segment Type: other
Provision Reference: 
Character Range: 136914–139498

shall come into force on the day on which the instrument of declaration is published in the Gazette or, if an earlier day (not being earlier than the first day of January, One thousand nine hundred and seventy) is specified in the instrument as the day on which the declaration is to be deemed to have come into force, shall be deemed to have come into force on that earlier day.
"(13.) A superannuation scheme shall be taken, for the purposes of this section, to have been an approved superannuation scheme at a particular time if a declaration by the Treasurer under sub-section (11.) of this section in respect of that scheme was, or is to be deemed to have been, in force at that time.

"(14.) In the application of this section in relation to a person who is employed by an approved authority—
     (a) sub-section (5.) of this section does not apply but the premiums referred to in that sub-section shall be paid by that approved authority, which may apply, for the purpose of making the payments, any moneys under its control; and
     (b) a reference in any other provision of this section to the Commonwealth shall be read as a reference to that approved authority.
"(15.) In this section—
     'salary' has the same meaning as in Part III. of this Act; and
     'the prescribed amount', in relation to a person in relation to any time, is an amount ascertained in accordance with the formula  where—
         a is the amount of the annual premium, or the sum of the amounts of the annual premiums, applicable at that time under the life policy or life policies assigned by him to the Board in accordance with sub-section (3.) of this section or issued in relation to him in accordance with sub-section (4.) of this section;
         b is the amount, or the sum of the amounts, payable by him under the superannuation scheme referred to in sub-section (4.) of this section immediately before he ceased to be a member of that scheme in respect of the annual premium or the annual premiums under the life policy or life policies assigned by him to the Board in accordance with sub-section (3.) of this section;
         c is the amount of the annual premium, or the sum of the amounts of the annual premiums, applicable under the life policy or life policies assigned by him to the Board in accordance with sub-section (3.) of this section immediately before he ceased to be a member of the superannuation scheme referred to in sub-section (4.) of this section.

Special provisions in relation to persons to whom section 7 applies.
"119zd.—(1.) This section applies to a person