Commonwealth Consolidated Acts(1) Subsections (2) and (3) of this section have effect in respect of:
(a) contributions under subsection (4) of section 26 or under that subsection as applied by section 27; and
(b) contributions under subparagraph (ii) of paragraph (a), or paragraph (b), of subsection (10) of section 26.
(2) The contributor is, subject to subsection (3), liable to pay the contributions in respect of each unit of pension until immediately after the last fortnightly payment before he ceases to be an employee or:
(a) in the case of contributions referred to in paragraph (a) of subsection (1)--17 December next preceding the attainment by him of the maximum age for retirement; or
(b) in the case of contributions referred to in paragraph (b) of that subsection--the anniversary of his initial contribution to which that subsection applies next preceding the attainment by him of the maximum age for retirement;
whichever first happens.
(3) In the case of a contributor whose initial payment in respect of the contributions in respect of a unit of pension is made within twelve months before, or at any time after, he attains the maximum age for retirement, he shall pay those contributions until he ceases to be an employee by reason of his death or retirement on the ground of invalidity or physical or mental incapacity to perform his duties, or until he has paid twenty‑six contributions, whichever first happens.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]