Document ID: chunk:federal_register_of_legislation:F2013L00456:reg:12:p1
Version: federal_register_of_legislation:F2013L00456
Segment Type: reg
Provision Reference: reg 12 (pt 1/3)
Character Range: 20218–22969

12  Reduction of standard allowance payable at operative time
 (1) For subsection 4AG(2) of the Act, the rate of an associate immediate allowance is reduced to the amount calculated as follows:

      Method statement
           Step 1. Identify the annual rate of the associate immediate allowance that was payable at the operative time.
           Step 2. Calculate an amount using the formula:

            where:
            Fy is the number in Table 1 that applies to the member spouse's gender, and age in whole years, at the operative time.
            Fy+1 is the number in Table 1 that would apply to the member spouse if the member spouse's age in whole years was one year more than it was at the operative time.
            m is the number of whole months of the member spouse's age that are not included in the member spouse's age in whole years at the operative time.
           Step 3. Multiply the amount identified in step 1 by the amount calculated in step 2.
           Step 4. Subtract the transfer amount from the amount calculated in step 3.
           Step 5. Divide the amount calculated in step 4 by the amount calculated in step 2.
           Step 6. Divide the amount calculated in step 5 by the Chief Justice's salary at the operative time.
            Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
           Step 7. Multiply the amount calculated in step 6 by the Chief Justice's salary.
 (2) For subsection 4AG(2) of the Act, the rate of an associate deferred allowance is reduced to the amount calculated as follows:

      Method statement
           Step 1. Identify the annual rate of the associate deferred allowance that was payable at the operative time.
           Step 2. Calculate an amount using the formula:

            where:
            Fy is the number in Table 1 that applies to the member spouse's gender, and age in whole years, at the operative time.
            Fy+1 is the number in Table 1 that would apply to the member spouse if the member spouse's age in whole years was one year more than it was at the operative time.
            m is the number of whole months of the member spouse's age that are not included in the member spouse's age in whole years at the operative time.
           Step 3. Multiply the amount identified in step 1 by the amount calculated in step 2.
           Step 4. Subtract the transfer amount from the amount calculated in step 3.
           Step 5. Divide the amount calculated in step 4 by the amount calculated in step 2.
           Step 6. Divide the amount calculated in step 5 by the Chief Justice's salary at the operative time.
            Round the result to 4 decimal places (rounding up if the fifth decimal