Document ID: chunk:federal_register_of_legislation:F2004C00170:reg:46:p1
Version: federal_register_of_legislation:F2004C00170
Segment Type: reg
Provision Reference: reg 46 (pt 1/2)
Character Range: 22405–25416

46                    Omit the section, substitute the following section:

                           '46 Amount of basic contribution

                           '(1) The amount of the fortnightly basic contribution payable by an eligible employee on a contribution day is:
                               (a) except where paragraph (b) applies — an amount equal to 5 per centum of the fortnightly rate of salary that was payable (or is deemed by subsection 5 (2A) or section 47 to have been payable) to the employee on the anniversary of his or her birth last preceding that contribution day (in this section referred to as the relevant anniversary in relation to the eligible employee); or
                               (b) where the eligible employee was, on the relevant anniversary in relation to the eligible employee, a partial contributor — an amount ascertained in accordance with the formula:
                               or, in either case, if that amount is not a multiple of 10 cents, the next higher amount that is such a multiple.

                            '(2) In the application of the formula referred to in paragraph (1) (b) for the purpose of ascertaining the fortnightly basic contribution payable by an eligible employee on a contribution day:
                      A is the amount of fortnightly basic contribution that would be payable by the eligible employee on the contribution day if paragraph (1) (a) applied in relation to him or her.
                      B is:
                               (a) except where paragraph (b) applies — the total number of hours that, in accordance with the terms and conditions of employment applying from time to time to the eligible employee, were the normal hours of duty of the eligible employee during the period commencing on the anniversary of the birth of the eligible employee last preceding the relevant anniversary in relation to the eligible employee and ending on the day immediately preceding that relevant anniversary; or
                               (b) where the eligible employee became an approved part-time employee on his or her first day of service and the last anniversary of the birth of the eligible employee occurred before that day — the number of hours that, in accordance with the terms and conditions of employment applying in relation to the eligible employee on his or her first day of service, were the normal hours of duty of the eligible employee for the period that was the basic work period in relation to the eligible employee; and
                      C is:
                               (c) except where paragraph (d) applies — the total number of hours that would have been the normal hours of duty of the eligible employee during the period referred to in paragraph (a) if during the whole of that period the eligible employee had performed his or her work or duties on a full-time basis; or
                               (d) where the eligible employee became an approved part-time employee on