New South Wales Consolidated Acts

NEW SOUTH WALES RETIREMENT BENEFITS ACT 1972 - SECT 31A

31A Definitions

(1) In this Part, except in so far as the context or subject-matter otherwise indicates or requires:
"adjustment date", in relation to a year, means the first day of the pension pay period that ends on the first pension pay day in the October that next follows that year.
"adjustment percentage", in relation to a year, means (subject to section 31B (2)) the percentage for that year, calculated in accordance with section 31B.
"Index number", in relation to a June quarter, means the number for that June quarter appearing in the Consumer Price Index (All Groups Index) for Sydney published by the Australian Statistician under the Census and Statistics Act 1905 of the Parliament of the Commonwealth as amended from time to time or any Act of that Parliament passed in substitution therefor.
"June quarter", in relation to a year, means the period commencing on and including 1 April in that year and ending on and including 30 June in that year.
"pension" means a pension payable under this Act, but does not include so much of a pension as is referable to an addition to the amount upon which the calculation of the pension is based, as referred to in section 24 (3) (b).
"pensioner" means a person in receipt of a pension.
"quarter", in relation to a year, means:

(a) the period commencing on and including 1 July in that year and ending on and including 30 September in that year,

(b) the period commencing on and including 1 October in that year and ending on and including 31 December in that year,

(c) the period commencing on and including 1 January in that year and ending on and including 31 March in that year, or

(d) the period commencing on and including 1 April in that year and ending on and including 30 June in that year.

"year" means:

(a) the period commencing on and including 1 July 1975, and ending on and including 30 June 1976, or

(b) a subsequent period commencing on and including 1 July and ending on and including the next following 30 June.

(2) Where a pension is to be adjusted under this Part by reference to the adjustment percentage for a year, a reference (however expressed) in this Part to adjusting the pension is a reference to:

(a) where the adjustment percentage is calculated in accordance with the formula set out in section 31B (1) (a)-increasing the pension, or

(b) where the adjustment percentage is calculated in accordance with the formula set out in section 31B (1) (b)-reducing the pension.