Document ID: chunk:federal_register_of_legislation:C2024C00825:section:119j:p4
Version: federal_register_of_legislation:C2024C00825
Segment Type: section
Provision Reference: s 119J (pt 4/5)
Character Range: 339826–342311

paid by the Board into the Provident Account;
 (b) the amount so paid into the Provident Account shall, to the extent to which it was payable to the person upon the termination of the employment in respect of which the transfer value or any of the transfer values became payable irrespective of whether he engaged in further employment, be deemed, for the purposes of sections 84 and 85, to be contributions made to the Provident Account by the person;
 (c) subject to paragraph (d), one‑third of the amount paid to the Board shall be deemed, for the purposes of subsection (1) of section 82 and subsection (1) of section 83 to be contributions made to the Provident Account by the person;
 (d) in calculating the sum payable under subsection (1) of section 82 or subsection (1) of section 83 for the purpose of ascertaining whether subsection (2) of section 82 or subsection (2) of section 83 applies in relation to the person or in relation to the widow or widower or the children of the person, as the case may be, paragraph (c) of this subsection shall be disregarded; and
 (e) if subsection (2) of section 82 or subsection (2) of section 83 applies in relation to the person or in relation to the widow or widower or the children of the person, as the case may be:
 (i) there shall be paid out of the Provident Account to the person, or to the widow, widower or children, in addition to the amount payable under that subsection, an amount equal to the amount paid to the Board together with compound interest on that amount, in respect of the period that commenced on the date on which the person became a contributor to the Provident Account and ended on the date on which he ceased to be such a contributor, at the rate or rates applicable under subsection (3) of section 90; and
 (ii) the Commonwealth shall pay to the Provident Account an amount equal to so much of the amount paid under subparagraph (i) as bears to that amount the same proportion as the employer component of the transfer value or the sum of the employer components of the transfer values bears to the transfer value or to the sum of the transfer values, as the case may be.
 (8) The Board shall pay to the Commonwealth so much of the amount paid to the Board as is equal to the employer component of the transfer value or to the sum of the employer components of the transfer values, as the case may be.
 (9) If:
 (a) under the superannuation scheme applicable in relation to any previous employment of the