Document ID: chunk:federal_register_of_legislation:C2011A00145:clause:5_9
Version: federal_register_of_legislation:C2011A00145
Segment Type: clause
Provision Reference: sch 5 cl 9
Character Range: 23630–24402

9  Subsection 9B(1C)
Repeal the subsection, substitute:

Exception to paragraph (1A)(b)
 (1C) If, on 30 June in a financial year, an actuarial certificate referred to in paragraph (1A)(b) is in force in relation to an income stream, then paragraph (1A)(b) does not apply in relation to the next financial year (the later year) for the period:
 (a) beginning on 1 July of the later year; and
 (b) ending at the earlier of the following:
 (i) the start of the first day in the later year on which any actuarial certificate is given to the Secretary in relation to that income stream;
 (ii) the end of the period of 26 weeks beginning on 1 July of the later year.
Note: The following heading to subsection 9B(1D) is inserted "Guidelines relating to actuarial certificates".