Document ID: chunk:federal_register_of_legislation:C2007A00165:clause:3_79d
Version: federal_register_of_legislation:C2007A00165
Segment Type: clause
Provision Reference: sch 3 cl 79D
Character Range: 19499–20063

79D  Calculation of benefits after payment of early release lump sums

 (1) This section applies if:
 (a) an early release lump sum is paid to or for the benefit of a person; and
 (b) a benefit to which the person is entitled under this Act becomes payable to the person at a particular time.

 (2) The amount of the benefit to which the person is entitled to be paid at that time must be reduced to reflect the person's early release deduction amount at that time. However, the method of working out the amount of the reduction is to be determined by the Board.