Commonwealth Numbered Acts

DEFENCE FORCE (PAPUA NEW GUINEA) RETIREMENT BENEFITS ACT 1973 No. 86 of 1973 - SECT 34

34. (1) A member shall contribute to the Fund at the rate of an amount per
fortnight equal to one-twenty-sixth of an amount equal to six per centum of
his annual rate of pay at the time the contribution is due.

(2) For the purposes of sub-section (1), the annual rate of pay of a member at
a particular time is-

   (a)  if the amount ascertained by multiplying his daily rate of pay at that
        time by three hundred and sixty-five is a multiple of One hundred
        dollars-the amount so ascertained; or

   (b)  if the amount so ascertained is not a multiple of One hundred
        dollars-the next lower amount that is such a multiple.

(3) The amount of a contribution payable in respect of a day shall be
one-fourteenth of the amount of a fortnightly contribution.