Document ID: chunk:federal_register_of_legislation:C1965A00035:body:0:p4
Version: federal_register_of_legislation:C1965A00035
Segment Type: other
Provision Reference: 
Character Range: 7316–9340

referred to in sub-section (1.) of this section and to all the reserves set up in the Fund at that date"; and
       (b) by omitting sub-section (4.) and inserting in its stead the following sub-section:—
       "(4.) In making a recommendation referred to in sub-section (2.) of this section, the Commonwealth Actuary shall take into consideration—
             (a) the rates of additional pension that he considers could be paid, from the portion of the amount of Seventy-seven thousand pounds that is determined under the last preceding sub-section, in respect of the following two classes of persons respectively:—
                   (i) persons referred to in sub-section (1.) of this section who became entitled to pensions by virtue of having been members; and
                   (ii) persons so referred to who became entitled to pensions as widows, and persons who may become entitled to pensions as widows of persons so referred to,

             on the assumption that the rate in respect of persons of the class specified in subparagraph (ii) of this paragraph is to be five-sixths of the rate in respect of persons of the class specified in sub-paragraph (i) of this paragraph; and
             (b) the present value, as determined by the Commonwealth Actuary, of pension at the additional rate or rates that would be applicable to or in relation to the person with respect to whom the recommendation is to be made.".

Adjustments in respect of payments for certain pensioners.
13.—(1.) The amount of a payment made to a person before the day on which this Act received the Royal Assent out of the Consolidated Revenue Fund by reference to section 18 of the Parliamentary Retiring Allowances Act 1964 shall be set off against any entitlement of that person under that section as amended by this Act.
(2.) An amount equal to the total of the amounts paid out of the Consolidated Revenue Fund that are referred to in the last preceding sub-section shall be paid out of the Fund into the Consolidated Revenue Fund.