Determination No 1 of 1989 under Section 52 of the
Defence Act 1903
I, David William SIMMONS, the Minister of State for Defence
Science and Personnel, hereby make the following Determination under section 52 of the Defence Act 1903.
Dated Fourteenth day of June 1989
David Simmons
Minister of State for Defence Science and Personnel
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Commencement
1. This Determination shall be deemed to have commenced on 1 January 1989.
Amount of interim benefit for 1988
2. Clause 8 of the Defence Force (Superannuation Interim Arrangement) Determination is amended by omitting subclause 8(7).
3. The Defence Force (Superannuation Interim Arrangement) Determination is amended by inserting after clause 8 the following clauses:
Amount of interim benefit after 1988
"8A. (1) This clause applies in respect of service rendered by a member after 1988.
(2) Where, in a pay period, a member renders 14 days effective service, then, subject to subclause (6), the
amount of interim benefit (exclusive of interest) to be credited to that member in respect of that pay period shall be calculated in accordance with the formula:
14 x ARP x 3
365 100
where ARP is the annual rate of pay applicable to the member.
(3) Where in a pay period, a member renders a
period of effective service of less than 14 days, then, subject to subclause (6), the amount of interim benefit (exclusive of
interest) to be credited to that member in respect of that pay period shall be calculated in accordance with the formula:
B x D
14
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where:
B is the amount of benefit in respect of a member in respect of the pay period ascertained in accordance with the formula specified in subclause (2); and
D is the number of days effective service in the pay period.
(4) Where, in a pay period, a member renders 14 days effective service, then, subject to subclause (6), the
amount of interim benefit (being interest) to be credited to that member in respect of that pay period shall be calculated in accordance with the formula:
B x I x 14
365
where:
B is the amount of benefit (including interest) that has accrued in respect of the member immediately before commencement of the pay period; and
I is the factor specified in column 2 of the Schedule opposite to the reference to the calendar year specified in column 1 of
the Schedule which is the calendar year in which the pay period concludes.
(5) Where, in a pay period, a member renders a period of effective service of less than 14 days, then, subject to subclause (6), the amount of interim benefit (being interest) to be credited to that member in respect of that pay period
shall be calculated in accordance with the formula:
B x D x I
365
where:
B is the amount of benefit (including interest) that has accrued in respect of the member immediately before the commencement of the pay period;
D is the number of days effective service in the pay period; and
I is the factor specified in column 2 of the Schedule opposite to the reference to the calendar year specified in column 1 of the Schedule which is the calendar year in which the pay period concludes.
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(6) Where an amount ascertained in accordance with subclause (2), (3), (4) or (5) includes a fraction of a cent:
(a) if the fraction is one-half or greater, the amount shall be deemed to be increased by one cent; or
(b) if the fraction is less than one-half, the fraction shall be disregarded.
Amount Payable
8B. Where an interim benefit becomes payable in respect of a person, the amount of that benefit is the sum of the
amounts credited to that person under clauses 8 and 8A."
4. The Defence Force (Superannuation Interim Arrangement) Determination is amended by adding at the end the following Schedule:
SCHEDULE Clause 8A
FACTORS CONCERNED IN THE CALCULATION
OF INTEREST APPLICABLE IN RESPECT OF CERTAIN CALENDAR YEARS
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Column 1 Column 2
Calendar year Factor
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1989....................................... 0.1286
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