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Defence Legislation Amendment Act 1984 No. 164 of 1984 - SECT 83
Commutation of retirement pay
83. (1) Section 24 of the Principal Act is amended-
(a) by omitting from sub-section (2A) "4 times";
(b) by adding at the end of sub-section (2A) "multiplied by the maximum
commutation factor"; and
(c) by inserting after sub-section (2A) the following sub-section:
"(2B) For the purposes of sub-section (2A), the maximum commutation factor is
the number calculated in accordance with the formula- 80 + A ----------
20 ,
where A is-
(a) if the number (treating zero as a number) of whole periods of 12
months between 30 June 1982 and the date of retirement of the
recipient member is less than 20-that number of periods; or
(b) in any other case-20.".
(2) Where a recipient member has become entitled to retirement pay after 30
June 1983 but before the commencement of section 2 of this Act, section 24 of
the Principal Act as amended by this Act shall be deemed to apply to him as if
the reference in sub-section 24 (1) of that Act to becoming entitled to
retirement pay were a reference to that commencement.
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