(1) Pensions shall be paid in fortnightly instalments.
(2) The fortnightly instalments of pension shall be paid on the Thursday of each fortnight that alternates with the Thursday on which salaries are paid to the officers of the Australian Public Service.
(3) In order to ascertain the amount of an instalment of a pension covering a period of a fortnight the annual pension shall be divided by twenty - six.
(4) The amount of a pension payable in respect of each day shall be one - fourteenth of the amount of a fortnightly instalment.