South Australian Numbered Regulations

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SUPERANNUATION (JULIA FARR SERVICES EMPLOYEES) VARIATION REGULATIONS 2005 (NO 2 OF 2005) - REG 5

5—Variation of regulation 13—Substitution of sections 31 and 32

        (1)         Regulation 13—delete the formula appearing in substituted section 31 and substitute:

2005.2.UN02.jpg

        (2)         Regulation 13—after the definition of "FS" appearing in substituted section 31 insert:

"Pn" is—

            (a)         in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

            (b)         in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

        (3)         Regulation 13—delete the formula appearing in substituted section 32(2) and substitute:

2005.2.UN02.jpg

        (4)         Regulation 13—after the definition of "FS" appearing in substituted section 32(2) insert:

"Pn" is—

            (a)         in the case of a contributor whose employment with Julia Farr Services Incorporated is full time for the whole of the period of that employment—1; and

            (b)         in any other case—the numerical value arrived at by expressing the contributor's employment, while a member of the Plan, or as a contributor in prescribed employment, to the date of ceasing service (in completed months) as a proportion of full-time employment

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978 , the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.



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