Document ID: chunk:federal_register_of_legislation:C1971A00046:body:0:p34
Version: federal_register_of_legislation:C1971A00046
Segment Type: other
Provision Reference: 
Character Range: 77899–80570

pension that was equivalent to a pension that is, or would have become, payable to a person under a superannuation scheme, an actuary shall have regard to actuarial principles and practice and shall take into account all relevant matters, including—
     (a) the amount that was the amount of the pension at the date on which the person became an employee or would have been the amount of the pension at that date if the pension had become payable to the person;
     (b) whether, in the event of the death of the person leaving a widow or a child or children, any benefits would be payable under the superannuation scheme to the widow or in respect of the child or children or would have been so payable if the pension had become payable to the person;
     (c) the age of the person at the date on which he became an employee; and

     (d) whether the person has made an election under section twenty-four of this Act.
"(3.) In furnishing advice to the Board in relation to the determination by the Board, for the purposes of either of the last two preceding sections, of the number of units of pension that was equivalent to any deferred benefits that are, or would have become, applicable in respect of a person under a superannuation scheme, an actuary shall have regard to actuarial principles and practice and shall take into account all relevant matters, including—
     (a) the nature of the deferred benefits;
     (b) the circumstances in which the benefits were to become, or would have become, payable;
     (c) the amount of any pension or lump sum that has or will become, or would have become, payable as, or as part of, the deferred benefits;
     (d) the age of the person at the date on which he became an employee; and
     (e) whether the person has made an election under section twenty-four of this Act.

Exemption of certain employees from medical examination.
"119m.—(1.) Subject to the next succeeding sub-section, this section applies in relation to an employee if—
     (a) by reason of the termination of the employment in which he was last employed before he became an employee—
          (i) a transfer value became payable to or in respect of him under a superannuation scheme applicable in relation to that employment;
          (ii) a pension became payable to him under such a superannuation scheme; or
          (iii) deferred benefits became applicable in respect of him under such a superannuation scheme;
     (b) in the case of an employee in relation to whom sub-paragraph (i) of the last preceding paragraph applies—an amount equal to the amount of the transfer value referred to in that sub-paragraph has been paid to the Board