Document ID: chunk:federal_register_of_legislation:C1969A00026:body:0:p18
Version: federal_register_of_legislation:C1969A00026
Segment Type: other
Provision Reference: 
Character Range: 40734–43495

not apply in relation to the basic election unless the obligation to contribute for the unit or units

of pension to which the basic election related came into existence before the date as from which the election under section twenty-two a or section twenty-two b of this Act, as the case may be, had effect.

Deferred contributions.
"22m. A reference in this Division to contributions payable by an employee to the Fund shall, if the employee has deferred payment of the whole or any part of those contributions under section seventy-three of the Superannuation Act 1959 or section thirty-three of the Superannuation Act 1963, be read as including a reference to the contributions that, but for the deferment, would be payable by him to the Fund.".

Election to contribute for additional units at sixty-five years of age.
12. Section 25 of the Principal Act is amended—
       (a) by omitting from sub-section (1.) the words "A contributor" and inserting in their stead the words "Subject to section twenty-two h of this Act, a contributor"; and
       (b) by adding at the end thereof the following sub-section:—
     "(4.) Any additional contribution payable by reason of an election under sub-section (2.) of this section is payable as from the date of the election.".

Contribution for reserve units of pension.
13. Section 30 of the Principal Act is amended by omitting sub-section (2.) and inserting in its stead the following sub-section:—
"(2.) Subject to sub-section (4.) of section thirty-two of this Act, the number of reserve units of pension for which a contributor may contribute, together with the number of any reserve units in respect of which he has made an election under section thirty-one or section thirty-two of this Act, shall not exceed twelve.".
14. After section 30 of the Principal Act the following section is inserted:—

Completion of contributions for reserve unit.
"30a. For the purposes of the next two succeeding sections, a contributor who has completed payment of contributions for a reserve unit of pension shall be deemed to be contributing for that reserve unit.".

Transfer of contributions to Superannuation Fund.
15. Section 31 of the Principal Act is amended by adding at the end thereof the following sub-sections:—
"(3.) An election by a contributor under this section does not have any effect in relation to a reserve unit of pension where—
       (a) at the time when the election is made, a non-contributory unit of pension is applicable in relation to the contributor; and
       (b) if the election had been made before the date as from which the non-contributory unit became applicable in relation to the contributor, the non-contributory unit would not have become so applicable by reason of the operation of