Commonwealth Numbered Acts

SUPERANNUATION ACTS AMENDMENT ACT 1978 No. 17, 1978 - SECT 60

60. Section 153 of the Principal Act is repealed and the following section is
substituted: Date of effect of increases
''153. (1) An increase payable by virtue of a provision of this Part, other
than section 152, in the rate of a pension that was, or is, under sub-section
148 (4), to be treated as having been, payable to a person on 30 June in a
year applies in relation to the instalment of pension falling due on the first
pension pay day occurring after that day and in relation to all subsequent
instalments.

''(2) An increase payable by virtue of section 152 in the rate of a pension
that was payable to or in respect of a person immediately before an
anniversary of the person's birthday applies in relation to the instalment of
pension falling due on the first pension pay day occurring after that
anniversary and in relation to all subsequent instalments.''.