Document ID: chunk:federal_register_of_legislation:C2018C00341:clause:2_4af
Version: federal_register_of_legislation:C2018C00341
Segment Type: clause
Provision Reference: sch 2 cl 4AF
Character Range: 40998–41600

4AF  Reduction of associate deferred allowance payable after operative time
  If:
 (a) at the operative time, a standard allowance is not payable in respect of the original interest; and
 (b) the original interest is an entitlement to an associate deferred allowance;
the annual rate of the associate deferred allowance (when it becomes payable) is reduced to the amount calculated under the Allowance Orders.
Note: Although an associate immediate allowance becomes payable at the operative time, an associate deferred allowance will often not become payable until some time after the operative time.