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Parliamentary Retiring Allowances

No. 103 of 1968

An Act relating to Parliamentary Retiring Allowances.

[Assented to 29 November 1968]

BE it enacted by the Queen's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.
1.—(1.) This Act may be cited as the Parliamentary Retiring Allowances Act 1968.
(2.) The Parliamentary Retiring Allowances Act 1948–1966 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Parliamentary Retiring Allowances Act 1948–1968.

Commencement.
2. This Act shall come into operation on the first day of December, One thousand nine hundred and sixty-eight.

Interpretation.
3. Section 22a of the Principal Act is amended—
      (a) by inserting after paragraph (a) of the definition of "officeholder" in sub-section (1.) the following paragraphs:—
      "(aa) the President of the Senate;
       (ab) the Speaker of the House of Representatives;";
       (b) by inserting in sub-section (1.), after the definition of "pension", the following definition:—
        "'the basic ministerial salary' means such annual rate of salary as is from time to time specified by the Treasurer, for the purposes of this Act, by notice published in the Gazette, to be the rate of the salary payable to Ministers other than senior Ministers;"; and
       (c) by adding at the end thereof the following sub-section:—
        "(4.) A notice by the Treasurer for the purposes of the definition of 'the basic ministerial salary' in sub-section (1.) of this section has effect from the date of publication of the notice in the Gazette or such other date as is specified in the notice, which may be a date earlier than the publication of the notice in the Gazette".

Periodical actuarial investigations.
4. Section 22d of the Principal Act is amended by adding at the end of sub-section (4.) the words "and the amount, or further amount, if any, which, in his opinion, should be paid into the Ministerial Fund by the Commonwealth in order to make proper provision for the payment out of that Fund of benefits payable under this Part in relation to periods of service after the commencement of this Part and before the commencement of the Parliamentary Retiring Allowances Act 1968.".

Contributions.
5. Section 22e of the Principal Act is amended—
       (a) by inserting in sub-section (1.), after the word "at", the words "such rate per month as is";
       (b) by omitting sub-section (6.) and inserting in its stead the following sub-section:—
       "(6.) The rates of contributions under this section are—
         (a) in the case of a Minister, the President of the Senate, the Speaker of the House of Representatives or the Leader of the Opposition in