Document ID: chunk:federal_register_of_legislation:F2025L00281:clause:1_6:p1
Version: federal_register_of_legislation:F2025L00281
Segment Type: clause
Provision Reference: sch 1 cl 6 (pt 1/3)
Character Range: 2367439–2377760

6     An interest that a person who is a member of the Assembly has in the Scheme by belonging to the parliament 70 category under Chapter 9 of the participation schedule if the person:                                                                                                                              where:
       (a) has received salary as a member for at least 96 months; and                                                                                                                                                                                                                                                 BS is the basic salary of a member at the relevant date.
       (b) has ceased to be a member on 1 occasion only, because of which the                                                                                                                                                                                                                                          ABMA is the person's accrued benefit multiple, as adjusted for payments made under section 364 of the participation schedule at the relevant date, worked out in accordance with Method 1, 2 or 3.

      person was entitled to be paid an amount under subsection 340 (4) of the participation schedule; and                                                                                                                                                                                                             Method 1
       (c) one or more amounts have been paid under section 364 of the participation schedule for the entitlement of an entitled former spouse of the person                                                                                                                                                           This method applies if 1 amount only (the amount) has been paid under section 364 of the participation schedule for the entitlement of an entitled former spouse:

                                                                                                                                                                                                                                                                                                                       where:
                                                                                                                                                                                                                                                                                                                       ABM has the meaning given by item 5.
                                                                                                                                                                                                                                                                                                                       p is:
                                                                                                                                                                                                                                                                                                                          where:
                                                                                                                                                                                                                                                                                                                          NMSB is the amount.
                                                                                                                                                                                                                                                                                                                          PFLV is the value of the interest immediately before the amount was paid, worked out in accordance with item 5.
                                                                                                                                                                                                                                                                                                                       ABM1 (accrued benefit multiple) for a person when the amount was paid is:

                                                                                                                                                                                                                                                                                                                          where:
                                                                                                                                                                                                                                                                                                                          M is:
                                                                                                                                                                                                                                                                                                                              (a) if the person has received salary as a member for an aggregate period of at least 96 months but less than 97 months before the amount was paid — zero; or
                                                                                                                                                                                                                                                                                                                              (b) in any other case — the lesser of:
                                                                                                                                                                                                                                                                                                                                  (i) the number of complete months in excess of 96 for which the person has received salary as a member before the amount was paid; and
                                                                                                                                                                                                                                                                                                                                  (ii) 144.
                                                                                                                                                                                                                                                                                                                          TOS is the total amount of salary that the person has received as a member before the amount was paid.
                                                                                                                                                                                                                                                                                                                          TBS is the total amount of basic salary that the person has received as a member before the amount was paid.
                                                                                                                                                                                                                                                                                                                       Method 2
                                                                                                                                                                                                                                                                                                                       This method applies if 2 amounts only have been paid under section 364 of the participation schedule for the entitlement of an entitled former spouse:
                                                                                                                                                                                                                                                                                                                       where:
                                                                                                                                                                                                                                                                                                                       ABM has the meaning given by item 5.
                                                                                                                                                                                                                                                                                                                       p2 is the factor calculated in accordance with the method for the factor p in Method 1 of this item, modified so that:
                                                                                                                                                                                                                                                                                                                              (a) for NMSB the amount paid is to be calculated by reference to the second amount paid under section 364 of the participation schedule; and
                                                                                                                                                                                                                                                                                                                              (b) for PFLV the value of the interest is the value at the time immediately before the second payment under section 364 of the