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GOVERNORS (SALARY AND PENSIONS) ACT 2003 - SECT 16D
Agreement or court order—pension
16D Agreement or court order—pension
(1) This section applies if— (a) the Minister receives an agreement or court
order that relates to a person who, at the operative time for the agreement or
order, is a former Governor or the Governor; and
(b) the benefit that is
being paid, or becomes payable, under this Act to the person is a pension (a
"relevant benefit" ).
(2) Subject to subsection (4) , the Minister must pay
the entitled former spouse for the agreement or court order the proportion,
stated in the agreement or order, of the relevant benefit to which he or she
is entitled under the agreement or order (the
"spousal amount" ).
(3) The Minister must reduce the relevant benefit that,
other than for the agreement or court order, would be payable under this Act
to the person mentioned in subsection (1) by the spousal amount.
(4) The
Minister must pay the entitled former spouse a pension for his or her lifetime
(a
"lifetime pension" ) if the entitled former spouse elects, by written notice
given to the Minister, to be paid a lifetime pension.
(5) The notice must be
given to the Minister— (a) if the Minister receives the agreement or court
order before the relevant benefit becomes payable—within 3 months after it
becomes payable; or
(b) otherwise—within 3 months after the day the
Minister receives the agreement or order.
(6) If the entitled former spouse
elects to be paid a lifetime pension, the amount of the pension must be
calculated in the way decided by the Minister on the advice of an actuary.
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