Document ID: chunk:federal_register_of_legislation:C2024C00825:section:100c:p3
Version: federal_register_of_legislation:C2024C00825
Segment Type: section
Provision Reference: s 100C (pt 3/4)
Character Range: 251497–253984

he is a contributor to the Fund, but not later than 12 February 1976, elect to contribute to the Fund for so many additional units of pension (including, where necessary, a fraction of a unit) as the Board determines to be the number of units that will entitle him to benefits equivalent to that excess.
 (6) An election under paragraph (b) of subsection (5) does not have effect in relation to a prescribed employee unless, not later than 6 months after the date on which the election is made, he satisfies the Board that he is not suffering from any physical or mental defect (not being a defect that, in the opinion of the Board, is a result of the service of the employee as a member of the Forces as defined in subsection (2) of section 147) likely to render him incapable of performing his duties before he attains the maximum age for retirement.
 (7) A prescribed employee to whom this section applies shall, for the purposes of this Act, be deemed to be a contributor:
 (a) in the case of an employee who was, immediately before the relevant date, a member of a superannuation scheme under the rules of which benefits were payable to him upon his retiring at the age of 60 years or at an earlier age—at rates based on a retiring age of 60 years; or
 (b) in any other case—at rates based on a retiring age of 65 years.
 (8) Subject to subsection (9), where at any time, the number of units of pension for which a prescribed employee is liable to contribute, or is to be deemed to be a contributor, to the Fund under subsection (3) exceeds the number of units of pension for which the employee would, apart from that subsection, be required to contribute under section 20, the employee is not entitled to contribute for any units, other than reserve units, in excess of the first‑mentioned number of units.
 (9) Notwithstanding subsection (8) of this section, section 20B applies, subject to subsection (10) of this section, to and in relation to a prescribed employee in respect of a reduction of his salary or of the prescribed amount referred to in section 20.
 (10) Nothing in this Act shall be taken to require or permit a reduction in the number of units of pension for which a prescribed employee is a contributor to a number that is less than the number of units of pension for which he is liable to contribute or for which he is to be deemed to be a contributor, under subsection (3).
 (11) For the purposes of this section, where a prescribed employee was contributing to