Document ID: chunk:federal_register_of_legislation:C2004A02791:body:0:p16
Version: federal_register_of_legislation:C2004A02791
Segment Type: other
Provision Reference: 
Character Range: 36578–39186

elected on more than one occasion to convert into a lump sum payment the whole or a percentage of a retiring allowance to which he was entitled and the total (in this paragraph referred to as the "relevant total") of the annual amounts by which the respective retiring allowances to which he was entitled were reduced by reason of the elections is less than 50% of the sum (in this paragraph referred to as the "relevant sum") of the relevant total and the annual amount of the relevant retiring allowance—he is not entitled to elect to convert into a lump sum payment a percentage of the relevant retiring allowance that would result in the sum of the relevant total and the annual amount by which the relevant retiring allowance would be reduced by reason of the election exceeding 50% of the relevant sum; and
(f) if the person has previously elected on only one occasion to convert into a lump sum payment the whole or a percentage of a retiring allowance to which he was entitled and the annual amount (in this paragraph referred to as the "relevant amount") by which that retiring allowance was reduced by reason of the election is less than 50% of the sum (in this paragraph referred to as the "relevant sum") of the relevant amount and the annual amount of the relevant retiring allowance—he is not entitled to elect to convert into a lump sum payment a percentage of the relevant retiring allowance that would result in the sum of the relevant amount and the annual amount by which the relevant retiring allowance would be reduced by reason of the election exceeding 50% of the relevant sum.
(3) Notwithstanding the amendments of the Principal Act made by sub-sections 12 (1) and 13 (1), the provisions of the Principal Act amended by those sub-sections continue to apply, after the commencement of this sub-section, in relation to a person who—
(a) elected or elects (whether on one occasion or more than one occasion) to convert into a lump sum payment the whole or a percentage of a retiring allowance to which he became entitled before the commencement of this sub-section; and
(b) died before the commencement of this sub-section or dies, after the commencement of this sub-section, without again having become a member,
as if—
(c) those amendments had not been made; and
(d) the amendments of the Principal Act made by sub-section 11 (2) had not been made.

(4) Notwithstanding anything contained in the Parliamentary Contributory Superannuation Act 1948, sub-section 19 (3) of the Principal Act as amended by this Act applies in relation to a person who—
(a) elected or elects (whether on one