Document ID: chunk:federal_register_of_legislation:F2011C00507:reg:136:p3
Version: federal_register_of_legislation:F2011C00507
Segment Type: reg
Provision Reference: reg 136 (pt 3/18)
Character Range: 22075–25049

person who is, or has been, an approved part-time employee — the adjusted final salary amount, calculated in accordance with subsection 196 (2); or
                        (iii) in any other case — one half of the amount per annum of the person's final annual rate of salary; or
                    (b) if the person:
                        (i) was a contributor to the Provident Account established by the superseded Act on more than 1 occasion and at any time before last becoming such a contributor had been paid a sum under subsection 82 (2) of the superseded Act; or
                        (ii) became a contributor to the Provident Account established by the superseded Act after the commencement of the Superannuation Act 1946,
                 an amount equal to 3 times the person's accumulated basic contributions.
                 '(3) Where a person makes an election under subsection (1) and the person has paid supplementary contributions, the person is entitled to payment of a lump sum benefit equal to the person's accumulated supplementary contributions.
                    '(4) Subsection (1) does not apply to a person:
                        (a) whose period of contributory service is less than 1 year;
                        (b) who makes an election under section 62 or 64; or
                        (c) whose service, in the opinion of the Commissioner, was compulsorily terminated by reason of his having been guilty of misconduct or by reason of his having been convicted of an offence against a law of the Commonwealth or of a State or Territory.
                    '198 (1) Subject to section 212, a person:
                    (a) who ceases, or is about to cease, to be a prescribed eligible employee by reason of retirement on the ground of invalidity before attaining his maximum retiring age;
                    (b) who becomes entitled to invalidity benefit by virtue of subsection 66 (1); and
                    (c) in the case of a person who is, or who has been, an approved part-time employee — whose period of prospective employment within the meaning of the Superannuation (Approved Part-time Employees) Regulations is not less than 8 years; and
                    (d) in the case of any other person — whose period of prospective service is not less than 8 years;
                 may, not later than 3 months after becoming, but not earlier than 3 months before he or she becomes, so entitled, elect, by notice in writing to the Commissioner, that, in lieu of benefit being payable in accordance with section 67, a lump sum benefit be paid in accordance with subsection 200 (1) and, where the person has paid supplementary contributions, an additional lump sum benefit be paid in accordance with subsection 200 (2).
                 '(2) A person who makes an election under section 68 is not entitled to make an election under subsection (1) of this section.
                   '199 (1) Subject to section 212, a person: