Document ID: chunk:federal_register_of_legislation:C2024C00465:section:69:p2
Version: federal_register_of_legislation:C2024C00465
Segment Type: section
Provision Reference: s 69 (pt 2/2)
Character Range: 167445–168286

and benefit is payable to him under subsection 32(2) or under section 48 or 56;
so much of the amount paid to the Commonwealth under subsection (1) as is equal to the employer component of the transfer value or to that part of that employer component, as the case may be, is payable to or in respect of him.
 (5) For the purposes of this section:
 (a) the employee component of a transfer value payable to or in respect of a person is the part (if any) of that transfer value that was based upon contributions made by the person; and
 (b) the employer component of a transfer value payable to or in respect of a person is the part of that transfer value that was based upon contributions by an employer or employers of the person.

Division 3—Preservation of rights of contributing members ceasing to be eligible members of the Defence Force