Document ID: chunk:federal_register_of_legislation:F2023C01043:reg:19:p2
Version: federal_register_of_legislation:F2023C01043
Segment Type: reg
Provision Reference: reg 19 (pt 2/2)
Character Range: 110026–111815

be an amount equal to the amount per annum that, but for that variation, would have been his annual rate of salary on that day.
 (4) Where:
 (a) a person who is, or has ceased to be, an eligible employee has made an election under subsection 47(2) of the Act by virtue of a decrease in his annual rate of salary;
 (b) subsection 47(3) of the Act applies in relation to the annual rate of the salary of the person on the anniversary of his birth next following the date of the decrease; and
 (c) after that anniversary, the highest annual rate of salary that was payable to the person on any day during the period commencing on the date of the decrease and ending on the day immediately preceding that anniversary is varied;
then, for the purposes of section 46 of the Act, the annual rate of salary of the person on any day during that period on which salary was payable to him at that highest rate shall be an amount equal to the amount per annum that, but for that variation, would have been his annual rate of salary on that day.
 (5) Where:
 (a) a person who is, or has ceased to be, an eligible employee has made an election under subsection 47(2) of the Act by virtue of a decrease in his annual rate of salary;
 (b) subsection 47(4) of the Act applies in relation to the annual rate of the salary of the person on the anniversary of his birth last preceding the date of the decrease; and
 (c) after the date of the election, the annual rate of the salary that was payable to the person on the date of the decrease is varied;
then, for the purposes of subsection 47(4) of the Act, the annual rate of salary of the person on the date of the decrease shall be an amount equal to the amount per annum that, but for that variation, would have been his annual rate of salary on that date.