Commonwealth Numbered Regulations

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1994 No. 210 SUPERANNUATION (PRODUCTIVITY BENEFIT) 1994-1995 SECOND INTEREST FACTOR DECLARATION - REG 2

Interpretation
2. In this Declaration:

"Act" means the Superannuation (Productivity Benefit) Act 1988;

"Days" means:

   (a)  in the case of an employee who becomes a fund employee-the number of
        days in the period:

        (i)    commencing on the day following the last day of the last pay
               period of the employee ending before 1 July 1994; and

        (ii)   ending at the end of the day on which an amount first becomes
               payable under section 4f of the Act; or

   (b)  in the case of an employee who becomes entitled to receive an interim
        benefit under section 6 of the Act-the number of days between:

        (i)    the day following the last day of the last pay period of the
               employee ending before 1 July 1994; and

        (ii)   the day on which the employee became entitled to receive the
               benefit; or

   (c)  in the case of an employee who neither becomes a fund employee nor
        becomes entitled to receive an interim benefit-the number of days
        between:

        (i)    the day following the last day of the last pay period of the
               employee ending before 1 July 1994; and

        (ii)   30 June 1995. 


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