Document ID: chunk:federal_register_of_legislation:C2024C00651:section:18b:p2
Version: federal_register_of_legislation:C2024C00651
Segment Type: section
Provision Reference: s 18B (pt 2/5)
Character Range: 88466–90992

(a) the amount of the lump sum payment that would have been payable to the person under subsection (4) if he or she had not made the election; and
 (b) the person's surcharge deduction amount.
 (5) The cases referred to in paragraph (4)(a) are:
 (a) the case where the person had not attained the age of 66 years at the time when he or she became entitled to the retiring allowance;
 (b) the case where the person attained the age of 66 years after the dissolution or expiration of the House of which he or she was last a member, or after the expiration of his or her last term of office as a member, and before he or she became entitled to the retiring allowance; and
 (c) the case where:
 (i) the person attained the age of 66 years at a time when he or she was a member;
 (ii) the person ceased to be a member upon the dissolution or expiration of the House of which he or she was a member at the time when he or she attained that age or upon the expiration of the term of office during which he or she attained that age; and
 (iii) the person did not, after so ceasing to be a member, again become a member before he or she became entitled to the retiring allowance.
 (6) Where a person elects to convert a percentage of his or her retiring allowance to a lump sum payment in accordance with subsection (3):
 (a) the percentage of the rate of parliamentary allowance applicable in relation to him or her under section 18 for the purpose of calculating the rate of retiring allowance payable to him or her under that section (other than any additional retiring allowance payable under subsection (9) of that section) shall, in lieu of the percentage (in this paragraph referred to as the previous percentage) that would, but for this paragraph, be applicable in relation to him or her under that section, be ascertained in accordance with the formula

  ,

  where:
  p is the previous percentage; and
  s is the specified percentage;
 (b) if the person is entitled to additional retiring allowance under subsection 18(9), the percentage that is, under that subsection, the relevant percentage for the purpose of ascertaining the additional retiring allowance payable to him or her under that subsection in respect of his or her service in an office shall, in lieu of the percentage (in this paragraph referred to as the previous percentage) that would, but for this paragraph, be the relevant percentage, under that subsection, in respect of his or her service in that office, be ascertained in accordance with the formula