Commonwealth Consolidated Acts

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DEFENCE FORCE RETIREMENT AND DEATH BENEFITS ACT 1973 - SECT 19

Amount of fortnightly contributions

             (1)  The amount of each fortnightly contribution to be paid by a contributing member is an amount equal to 5.5% of the fortnightly rate of pay applicable to the member on the day on which the contribution is payable.

             (2)  Where the amount of a fortnightly contribution payable by a contributing member includes a fraction of a cent:

                     (a)  if the fraction is less than one‑half of a cent--the contribution shall be deemed to be reduced by the amount of the fraction; or

                     (b)  if the fraction is one‑half of a cent or more--the contribution shall be deemed to be increased by treating the fraction as one cent.



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