Document ID: chunk:federal_register_of_legislation:C1954A00011:section:975:p1
Version: federal_register_of_legislation:C1954A00011
Segment Type: section
Provision Reference: s 975 (pt 1/12)
Character Range: 6206–11012

975                                                    1,040               Fifteen............................    682    10  0
1,040                                                  1,105               Sixteen...........................     728    0   0
1,105                                                  1.170               Seventeen..........................    773    10  0
1,170                                                  1,235               Eighteen...........................    819    0   0
                                                                           Nineteen..........................
1,235                                                  1,300               864                                    10     0
1,300                                                  1,430               Twenty...........................      910    0   0
1,430                                                  1,560               Twenty-one........................     955    10  0
1,560                                                  1,690               Twenty-two........................     1,001  0   0
1,690                                                  1,820               Twenty-three.......................    1,046  10  0
1,820                                                  1,950               Twenty-four........................    1,092  0   0
1,950                                                  2,080               Twenty-five........................    1,137  10  0
2,080                                                  2,210               Twenty-six.........................    1,183  0   0
2,210                                                  2,340               Twenty-seven.......................    1,228  10  0
2,340                                                  2,470               Twenty-eight.......................    1,274  0   0
2,470                                                  2,600               Twenty-nine........................    1,319  10  0
2,600                                                  2,730               Thirty............................     1,365  0   0
2,730                                                  2,860               Thirty-one.........................    1,410  10  0
2,860                                                  2,990               Thirty-two.........................    1,456  0   0
2,990                                                  3,120               Thirty-three........................   1,501  10  0
3,120                                                  3,250               Thirty-four.........................   1,547  0   0
3,250                                                  3,380               Thirty-five.........................   1,592  10  0
3,380                                                  ..                  Thirty-six..........................   1,638  0   0

(2.) Section thirteen of the Principal Act is amended by omitting sub-section (3.) and inserting in its stead the following sub-section:—
"(3.) Where, at the time when an employee becomes or became a contributor, he is or was not less than forty years of age, he may elect to reduce the number of initial units in respect of which he shall contribute, or continue to contribute, to a number not being less than two, and any contributions paid by him in respect of initial units in excess of the reduced number of initial units shall be refunded to him.".
(3.) Where the number of units of pension (not including reserve units of pension) for which a contributor was contributing immediately before the date of commencement of this section exceeds the number of units specified in column two of the scale contained in sub-section (1.) of section thirteen of the Superannuation Act 1922-1954 opposite to the salary-group within which the salary of the contributor fell on that date, the contributor shall, subject to sub-section (3.) of section thirteen, and section fifteen, of that Act, continue to contribute for that first-mentioned number of units as from that date to the date upon which his salary falls within a salary-group which requires him to contribute for a number of units greater than the first-mentioned number of units.
(4.) Whore, immediately before the date of commencement of this section, the time within which a contributor had a right to make an election under paragraph (a), (b) or (c) of sub-section (4.) of section thirteen of the Principal Act had not expired, the right of that contributor to make an election shall, notwithstanding the amendment effected by sub-section (1.) of this section, be deemed to continue until the expiration of that time, and if, before the expiration of that time, the contributor makes an election under any of those paragraphs, the last preceding