Commonwealth Consolidated Acts

DEFENCE FORCES SPECIAL RETIREMENT BENEFITS ACT 1960 - SECT 7

(1)

A person to whom this Act applies who, on retirement, has completed not less than six years' service for pension and is not entitled to a pension under section nine or ten of this Act:

(a)

shall, for the purposes of subsection (1) of section forty-two of the Defence Forces Retirement Benefits Act 1948-1959 , be deemed to have retired after completion of his engagement or, if he has had successive and continuous engagements, after completion of the last of those engagements; and

(b)

is entitled, in addition to a refund under section sixty of the Defence Forces Retirement Benefits Act 1948-1959 of the amount of the contributions paid by him to the Fund and a gratuity under section forty-two of that Act, to a gratuity of an amount calculated by multiplying the amount applicable to him under the next succeeding subsection by a number equal to the number of years of service for pension completed by him on retirement.

(2)

For the purposes of paragraph (b) of the last preceding subsection, the amount applicable to a person is the amount ascertained by multiplying by fourteen the sum of:

(a)

the amount of the daily rate of active pay applicable to him on the date of his retirement having regard to his rank, branch and group on that date and to the period of his service in that rank; and

(b)

the amount of Ten shillings and sixpence.