Document ID: chunk:federal_register_of_legislation:F2004C00098:reg:80
Version: federal_register_of_legislation:F2004C00098
Segment Type: reg
Provision Reference: reg 80
Character Range: 38585–39898

80                   Omit from paragraph (1) (b) 'or under Division 3 of Part IX', substitute ', under Division 3 of Part IX or under Division 9 of Part XII'

                     Omit subsections (2) and (3), substitute the following subsections:

                      '(2) Where:
                      (a) a person who is an existing invalidity pensioner becomes an eligible employee; and
                      (b) the person:
                      (i) subsequently ceases to be an eligible employee otherwise than because of death; and
                      (ii) does not at that time become entitled to benefit under Division 1, 2 or 4 of this Part, under Division 3 of Part IX or under Division 9 of Part XII;
                              then, subject to subsection (3), the person is entitled to a lump sum benefit of an amount equal to the difference between:
                      (c) the amount of the person's accumulated contributions; and
                      (d) the amount paid to the Fund in respect of the person under subsection 180 (4).
                      '(3) A person to whom subsection (2) applies is not entitled to any benefit under this section if the amount referred to in paragraph (2) (d) in relation to the person is equal to or exceeds the person's accumulated contributions.'