Document ID: chunk:federal_register_of_legislation:F2021L01117:clause:2_50
Version: federal_register_of_legislation:F2021L01117
Segment Type: clause
Provision Reference: sch 2 cl 50
Character Range: 13811–17531

50   Paragraph 3.5.12.2.b (Transfer in from another bonus)
     Omit the paragraph, substitute:
     b.                                                                                                                                                                                                         Subject to paragraph c, the member will receive an amount calculated using the following formula for the period they have completed under the other scheme if all of the following are met.
                                                                                                                                                                                                                i.                                                                                                                                                                                           The other scheme is a completion bonus.
                                                                                                                                                                                                                ii.                                                                                                                                                                                          The member will not complete the agreed period of service under the other scheme.

     Where:
     A                                                                                                                                                                                                          is the number of calendar days in the following period.
                                                                                                                                                                                                                a.                                                                                                                                                                                           Starting on the day the member is taken to start their undertaking to serve under the other scheme.
                                                                                                                                                                                                                b.                                                                                                                                                                                           Ending on the day before the date the member ceases to serve under the other scheme.
     B                                                                                                                                                                                                          is the number of days of ineffective service in the period under A.
     C                                                                                                                                                                                                          is the number of years in the period.
     D                                                                                                                                                                                                          is the number of leap years in the period.
     E                                                                                                                                                                                                          is the bonus amount the member would have received under the other scheme.