Document ID: chunk:federal_register_of_legislation:C1951A00049:body:0:p9
Version: federal_register_of_legislation:C1951A00049
Segment Type: other
Provision Reference: 
Character Range: 23622–26361

Where the sum payable under the last preceding sub-section is less than one-half of the annual rate of salary payable to a contributor to the Provident Account at the date of his retirement, the sum payable to the contributor to the Provident Account shall be a sum equal to one-half of the annual rate of salary payable to him at that date.";
       (c) by omitting from sub-section (4.) the words "The last preceding sub-section" and inserting in their stead the words "Sub-section (2.) of this section"; and
       (d) by omitting from sub-section (5.) the figure "(3.)" and inserting in its stead the figure "(2.)".

Payment on death of a contributor with dependants.
18. Section sixty z of the Principal Act is amended—
       (a) by omitting from sub-section (1.) the words "two and one-half" and inserting in their stead the words "two and two-thirds";
       (b) by omitting sub-section (2.); and
       (c) by omitting from sub-section (3.) the words "Where the aggregate of the sums payable under the preceding provisions of this section" and inserting in their stead the words "Where the sum payable under sub-section (1.) of this section".

19.—(1.) After section sixty ab of the Principal Act the following section is inserted:—

Certain contributors who change the nature of their employment deemed not to have resigned.
"60aba. Where an employee who is a contributor resigns from his employment and, immediately after the date of his resignation, becomes employed by the Commonwealth or an approved authority otherwise than as a casual, exempt or temporary employee, he shall, for the purposes of this Act, be deemed not to have resigned.".
(2.) Where, on or after the first day of July, One thousand nine hundred and fifty, a contributor to whom section sixty aba of the Superannuation Act 1922–1951 would have applied if that section had come into operation on that date has received payment of an amount in accordance with section sixty ab of the Superannuation Act 1922–1948 or the Superannuation Act 1922–1950, that contributor may, within three months after the commencement of this Act or within such further time as the Board allows, repay to the Board an amount equal to the amount so paid to him and upon the payment of that amount he shall be deemed not to have resigned for the purposes of this Act.

Payments by Commonwealth.
20. Section sixty ae of the Principal Act is amended—
       (a) by omitting from sub-section (1.) the word "three-fifths" and inserting in its stead the word "five-eighths"; and
       (b) by omitting sub-section (2.) and inserting in its stead the following sub-section:—
       "(2.) The Commonwealth shall pay to the Provident Account an amount equal to the amount by which the sum