Document ID: chunk:federal_register_of_legislation:C1959A00102:front:0:p26
Version: federal_register_of_legislation:C1959A00102
Segment Type: other
Provision Reference: 
Character Range: 61984–64739

commencement of this section.

Extraordinary vacancies—appointments to fill.
63. Section sixty-three of the Principal Act is amended—
       (a) by omitting from sub-section (1.) all the words after the word "vacancy";
       (b) by inserting after that sub-section the following subsection:—
         "(1a.) Except in the case of a vacancy in the office of a member of the Board elected by contributors, the appointment shall be for the remainder of the term of the vacant office."; and
       (c) by omitting from sub-section (2.) the words "the last preceding sub-section" and inserting in their stead the words "sub-section (1.) of this section".

Vacation of office.
64. Section sixty-six of the Principal Act is amended by omitting from paragraph (b) the words "first granted by the Governor-General" (wherever occurring) and inserting in their stead the words "granted by the Treasurer".

Incorporation of Board.
65. Section seventy-one of the Principal Act is amended by omitting from sub-section (2.) the words "and of the secretary".

66. After section seventy-six a of the Principal Act the following sections are inserted:—

Election after retirement of employee.

"76b. Where—
       (a) it is provided by this Act that an election may be made by an employee;
       (b) a person purports to make the election after he ceases to be an employee; and
       (c) the Board is satisfied that—
            (i) hardship would accrue to that person or his dependants if the election were not recognized; and

            (ii) in all the circumstances of the case it is desirable that the election should be recognized,
the Board may recognize the election as if it had been made before the person ceased to be an employee and, in the case of an election required to be made within a prescribed period, as if it had been made within that period.

Provisions in respect of a fraction of a unit.
"76c. Where, under this Act—
       (a) contributions are payable in respect of a fraction of a unit of pension, those contributions shall be in proportion to that fraction; and
       (b) pension is payable in respect of a fraction of a unit of pension, that pension shall be in proportion to that fraction.

Contributions payable from next pay-day.
"76d. Where the date from which any contributions would be payable under this Act is not a pay-day, those contributions are payable as from the next following pay-day.

Refund of contributions.
"76e. Where the number of units of pension for or in respect of which a contributor is required to contribute is reduced, any contributions paid by him for or in respect of units of pension in excess of the reduced number of units shall be refunded to him.".

67. After section eighty b of the Principal Act the