Commonwealth Numbered Acts

SUPERANNUATION ACTS AMENDMENT ACT 1978 No. 17, 1978 - SECT 16

16. Section 122 of the Principal Act is amended by omitting sub-sections (2)
and (3) and substituting the following sub-sections:

''(2) If the retirement referred to in paragraph (1) (a) or sub-paragraph (1)
(b) (ii), or the death referred to in sub-paragraph (1) (b) (i), took place
after 15 June in the year immediately preceding the relevant prescribed year,
or the pension that became payable by virtue of section 119W to the person,
or, in a case where clause (1) (c) (ii) (B) applies, to the husband or wife of
the person, became so payable after 16 June in the year immediately preceding
the relevant prescribed year, the person is not entitled to the increase.

''(3) If the retirement referred to in paragraph (1) (a) or sub-paragraph (1)
(b) (ii), or the death referred to in sub-paragraph (1) (b) (i), took place on
or before 15 June in the year immediately preceding the relevant prescribed
year, or the pension that became payable by virtue of section 119W to the
person, or, in a case where clause (1) (c) (ii) (B) applies, to the husband or
wife of the person, became so payable on or before 16 June in the year
immediately preceding the relevant prescribed year, the amount of the increase
is so much only of the amount that, but for this section, would have been the
amount of the increase as bears to that last-mentioned amount the same
proportion as the number of months in the period that commenced on the day
next following the day on which the retirement or death took place, or the
period that commenced on the day on which the pension became payable, and
ended on 30 June in that immediately preceding year bears to 12.''.