Commonwealth Numbered Acts

DEFENCE FORCES RETIREMENT BENEFITS FUND (DISTRIBUTION OF SURPLUS TO PENSIONERS) ACT 1976 No. 128 of 1976 - SECT 6

6. As soon as practicable after the making of the determination under
section 5, there shall be paid-

   (a)  to each eligible pensioner; or

   (b)  if he has died-to such person as the Board considers proper having
        regard to all the circumstances of the case, an amount equal to the
        sum of-

   (c)  the amount allocated to the pensioner under section 5; and

   (d)  the amount that, if compound interest were payable on the amount
        referred to in paragraph (c), calculated at the rate of $6.583 per
        centum per annum, in respect of the period commencing on 1 October
        1972 and ending on the distribution date, would be the amount of that
        interest.