Document ID: chunk:federal_register_of_legislation:C2024C00825:section:52:p4
Version: federal_register_of_legislation:C2024C00825
Segment Type: section
Provision Reference: s 52 (pt 4/4)
Character Range: 180838–182103

deemed not to have ceased, by reason of the termination of his employment, to be a contributor, any pension that became payable to him under this Act upon that termination shall be deemed not to have been payable and he is liable to pay to the Commissioner for Superannuation, before the expiration of two months after the day of the declaration of the result of the election or within such further period as the Board (or, on and after 1 July 1976, the Commissioner for Superannuation) allows, an amount equal to the amount of the payment, or the sum of the amounts of the payments, of that pension that were made to him.
 (10) The Commissioner for Superannuation shall pay amounts paid to him under subsections (8) and (9) into the new Superannuation Fund, and, in the case of an amount or amounts paid to him under subsection (9) in respect of payments of pension received by a person, that amount, or the sum of those amounts, so paid to him, and paid by him into the new Superannuation Fund, shall, to the extent that it exceeds the difference between the sum of those payments of pension and the sum of the amounts paid out of the Consolidated Revenue Fund in respect of those payments of pension, be paid from the new Superannuation Fund to the Commonwealth.