Commonwealth Numbered Acts

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AUSTRALIAN DEFENCE FORCE COVER ACT 2015 (NO. 118, 2015) - SECT 45

Choice to receive small pension is ineffective

                   A choice under this Act to receive a pension instead of a lump sum does not have effect if (apart from this section) it would result in a pension being payable at an annual rate (on the first day on which the pension would be payable) that is less than:

                     (a)  $5,000 a year; or

                     (b)  if a greater rate is prescribed by the rules--that greater rate.



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