Document ID: chunk:federal_register_of_legislation:C2004A02415:body:0:p3
Version: federal_register_of_legislation:C2004A02415
Segment Type: other
Provision Reference: 
Character Range: 4845–7499

period of service and dividing the product by 365;
      (b) if the period of service of the member in that office is a complete year— 6.25%;
      (c) if the period of service of the member in that office is a number of complete years—the percentage obtained by multiplying 6.25 % by the number of complete years in that period of service; or
      (d) if the period of service of the member in that office is a complete year or a number of complete years and also, apart from that complete year or those complete years, a number of days—the percentage obtained by adding together—
          (i) the percentage ascertained in accordance with paragraph (b) or (c) in respect of the complete year or the complete years, as the case requires; and
          (ii) the percentage, calculated to three decimal places, that is obtained by multiplying 6.25% by the number of the days and dividing the product by 365.

"(10a) Where the relevant percentage ascertained in accordance with sub-section (10) in relation to the service of a member in a particular office would, if it were calculated to 4 decimal places, end with a number greater than 4, that percentage shall be taken to be the percentage calculated to 3 decimal places in accordance with that sub-section and increased by 0.001.

"(10b) Nothing in sub-section (9) shall be taken to entitle a person to additional retiring allowance at a rate that exceeds—
     (a) in a case where the person is entitled to additional retiring allowance in respect of one office only—75% of the rate, for the time being, at which salary is paid in respect of that office; or
     (b) in a case where the person is entitled to additional retiring allowance in respect of 2 or more offices—75 % of the rate that is the highest rate, for the time being, at which salary is paid in respect of either or any of those offices.".

Certain members who retire by reason of ill-health deemed to have had 8 years' service
7. Section 18a of the Principal Act is amended by inserting after sub-section (5) the following sub-section:

"(5a) In sub-section (5), references to the Parliament of a State shall be construed as including references to the Legislative Assembly of the Northern Territory and references to the law of a State providing for pensions for members of the Parliament of the State shall be construed as including references to the law of the Northern Territory providing for pensions for members of the Legislative Assembly of the Northern Territory.".

Commutation of retiring allowance
8. Section 18b of the Principal Act is amended—
      (a) by omitting from sub-section (3) "a person to whom this section